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Traditional IRA

Traditional Individual Retirement Accounts (IRAs), offered through SunTrust Investment Services, are one of the best ways to plan for a secure retirement. They allow your returns to grow tax-deferred until withdrawal.

The Traditional IRA can help you:

Maximum Annual Contribution Levels (for 2011 tax year)

You can contribute to both a Traditional IRA and a Roth IRA in the same year, though your total contribution is limited to the individual and joint filer limits shown above.

Eligibility Requirements

Distributions from a Traditional IRA may begin at age 59½ and are required to begin by April 1 of the year following the year you turn 70½.

Distributions taken prior to age 59½ may be subject to a 10% IRS early withdrawal penalty, unless one of the following exceptions exists:

The deductible contributions and earnings are always subject to federal income tax at the time of distribution.

For additional information:

NOTE: Eligibility and contribution amount information is valid as of January 1, 2011.

Neither SunTrust, its officers, nor its employees give tax or legal advice. Please consult your tax or legal advisor concerning your specific situation.

Additional Information

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Services provided by the following affiliates of SunTrust Banks, Inc.: Banking and trust products (including checking accounts) and services are provided by SunTrust Bank, Member FDIC. Securities, insurance (including annuities and certain life insurance products) and other investment services (including Brokerage accounts) are offered by SunTrust Investment Services, Inc., an SEC registered investment adviser and broker-dealer and a member of the FINRA and SIPC. Other insurance products and services offered by SunTrust Insurance Services, Inc., a licensed insurance agency.