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

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Investing & Retirement Resource Center