Smart investments with big tax benefits

With the struggling economy and the volatile markets, it's hard to see the bright side of investing these days. But what if you could get more for your investment dollar, in a safer, more secure way?

IRAs are becoming increasingly popular, and for good reason. They are a more secure way to invest your hard-earned money and get the returns you desire. Plus they provide a hidden tax deduction that most people don't know about.

An IRA from Zions Bank is a great way to save for retirement, and depending on your income bracket, the money you put into an IRA account can be tax deductible. Yep, you can write it off! This is great news for people who wish they had more deductions to count on their return.

What's the difference between a traditional or Roth IRA?

You fund a Roth IRA with post-tax dollars, so as long as you don't take earnings out prematurely, you won't get taxed or penalized. A traditional IRA is paid with pretax dollars, which works out well if you need the tax break now or if you know you'll be paying lower taxes during retirement. Check with your accountant if you have questions.

An Internet IRA is defined as an IRA account that is opened exclusively online. Not only do clients have convenient access to view their account online 24/7, but often Internet accounts offer higher interest rates than those that are held at traditional brick-and-mortar branches.

When choosing any investment, it's best to use a bank with a strong reputation that has been in business for many years. Zions Bank is a solid, FDIC-insured financial institution that has weathered more than 135 years of economic ups and downs, so you know your IRA investment will be safe for many years to come.

Zions Bank offers the Internet IRA Certificate of Deposit and the Internet IRA Money Market account. The best one for you will depend on how much you have to open the account, how often you wish to make deposits and when you'll need the money.


Get the right tax break with an Internet IRA. Visit www.ZionsBank.com to start investing smart today. Copyright ©, ARAnet, Inc.