Roth and Traditional IRA? The 2 most common types of IRAs are Traditional and Roth. Which one you choose (or qualify for) depends on your age, income, and financial goals.

A savings IRA account can help you make the most of your hard-earned retirement. Explore IRA options from Bank of America and open an account online today.

What are the differences between Roth IRA and a Traditional IRA? While Roth and Traditional IRAs are both good choices when saving for retirement, there are many differences to keep in mind: Earnings in a Roth IRA are not subject to federal taxes.

Roth IRAs are attractive accounts for those who can afford to pay taxes now for the reward of federally tax-free income later (state taxes may apply). Since contributions to Roth IRAs aren’t tax-deductible, you pay more in income taxes up front than you would with a tax-deductible contribution to a traditional IRA.

Bank of America CDs & IRAs customer service information is designed to make your banking experience easy and efficient. Get answers to the most popular FAQs and easily contact us through either a secure email address, a mailing address or our CDs & IRAs customer service phone numbers.

Converting a 401(k) or traditional IRA to a Roth IRA can offer tax-free withdrawals in retirement. Explore the potential benefits of a Roth conversion.

Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth IRA, roll over an employer-sponsored plan from your old job to your new employer, take a distribution, or leave the account where it is.

Las Cuentas individuales de jubilación (IRA) de ahorros de Bank of America y las Cuentas individuales de jubilación (IRA) de inversión de Merrill Edge ® están disponibles tanto en la modalidad Roth como Tradicional.

understand I am responsible for ensuring that Bank of America has received the forms needed to complete a direct rollover to open my Bank of America IRA. Bank of America may cancel my IRA if the direct rollover isn’t received within 90 days and there are no funds in the account.

Review Bank of America's interest rates and annual percentage yields (APYs) for checking, savings, CD and IRA accounts specific to your area.