• Contributions may be deductible from current year’s income for potential tax savings
• Annual contribution for individuals is the smaller amount of up to $5,000 ($6,000 if age 50 or over) or your taxable compensation for the year¹
• Annual contribution for married couples with non-working spouse is the smaller amount of up to $10,000 ($12,000 if age 50 or over) or your taxable compensation for the year
• FDIC coverage up to $250,000

• Feature tax deferred earnings now (subject to adjusted gross income criteria) and tax free withdrawal at retirement²
• Annual contribution for individuals is the smaller amount of up to $5,000 ($6,000 if 50 or older) or your taxable compensation for the year¹
• Annual contribution for married couples with non-working spouse is the smaller amount of up to $10,000 ($12,000 if 50 or older) or your taxable compensation for the year
• Continue contributions after age 70-½ and distributions are not required at any age
• Early withdrawals of contributed principal may be made without tax or penalty under certain circumstances
• FDIC coverage up to $250,000

Consult with your tax advisor about the benefits of an IRA in your savings and investment strategy.  Then talk with a First Fed Personal Banker and set up an IRA today.

1. State of California guidelines may vary. Limits are for 2008.
2. Subject to minimum number of years since establishment of Roth IRA.