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Retirement account comparison

Last updated: 2/1/2010 10:54:54 AM

Unsure which account is best for you? Call us at 1-800-279-4030.

Account type	Contribution limits	When can I start withdrawing funds?	Who is eligible?
Tax-sheltered annuity (TSA)  This account offers a variety of investment options. Employee contributions may be made on a pre-tax and/or after-tax basis (Roth). Employer contributions are on a pre-tax basis.	Under age 50: $16,500; Age 50 or older: $22,000	Age 59½ OR separated from service during or after the year in which you turn age 55, separated from service before age 55 and take substantially equal payments for a minimum of five years, are disabled, or qualify for a hardship distribution for tax deductible medical expenses.	Employees of schools and other non-profit organizations.
Roth IRA Contributions are made on an after-tax basis. Offers a mix of mutual funds and a guaranteed investment allowing you to design your portfolio to match your investment strategies.	Under age 50: $5,000; Age 6,000	Age 59½ OR withdrawals to pay expenses for a first-time home purchase, payments to beneficiaries of a deceased owner, or if you are disabled.	WEAC members and employees of a school that participates in the Trust Advantage program. Spouses/domestic partners, children, parents, and parents-in-law may also participate in the IRA prgram.
Traditional IRA  Contributions may be tax deductible. Offers a mix of mutual funds and a guaranteed investment allowing you to design your portfolio to match your investment strategies.	Under age 50: $5,000; Age 50 or older: $6,000	Age 59½ OR withdrawals used to pay expenses for a first-time home purchase, payments to beneficiaries of a deceased owner, or if you are disabled.	WEAC members and employees of a school that participates in the Trust Advantage program. Spouses/domestic partners, children, parents, and parents-in-law may also participate in the IRA prgram.

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