Traditional IRAs

Increase your tax-deferred retirement savings.

Depending on your income, your contributions to a Traditional IRA may be tax-deductible. And any earnings and investment growth accumulate federally tax deferred until you begin to take withdrawals in retirement.

Why choose a Traditional IRA?

  • Take advantage of an additional source for tax-deferred investment growth
  • Augment your employer-sponsored retirement plan savings
  • Make additional catch-up contributions if you’re age 50 or older 

Important Note: A 10% early withdrawal penalty may apply for withdrawals taken prior to age 59½.

Why open a Traditional IRA with SunTrust?

  • A broad choice of investments; including stocks, bonds and exchange-traded funds
  • Guidance from a knowledgeable; local SunTrust Investment Services advisor (STIS) on investment choices, contribution limits and distribution requirements

Learn how our SunTrust SummitView goals-based planning approach can give you a clear view into all your stocks, bonds, retirement and savings accounts, allowing you and your advisor to better align your investments to your goals and objectives.


Contact the STIS Client Advisory Center

Find a SunTrust Location


Investing & Retirement Resource Center

  • Want to Retire Early? Here are a Few Things to Keep in Mind

    Retiring early requires careful planning. Follow these tips when considering your options.

  • How to Turn Retirement Savings into Retirement Income

    It can be difficult to know how much to save for retirement. Consider these investment strategies to help bolster your efforts.

  • More Interest-ing

    Compounding interest can have a profound difference on an investor’s ability to build wealth. Add this power to investments that are already growing, and It can be like supercharging an engine.

  • Donor Advised Funds: Family Giving Made Easy

    In 2017, Americans gave more than $358 billion to charity with nearly three-quarters of that amount coming directly from individuals. And while much of these donations come in the form of direct cash gifts, more and more individuals are turning to planned.

  • Understanding IRAs

    IRAs are one of the most powerful retirement savings tools available to you. Even if you're contributing to a 401(k) or other plan at work, you should also consider investing in an IRA.