Tradional IRA

Tradional IRA

Traditional IRA
A traditional IRA is an IRA that is not s SIMPLE IRA or Roth IRA. The term is most commonly used when referring to an IRA to which an individual makes annual contributions that may or may not be deductible depending on the individual's income and whether the individual actively participates in an employer's retirement plan. See our IRA Contribution rate table for limits that apply.