TCA by E*TRADE provides full services for the following IRAs:
A Traditional IRA is a tax-deferred personal retirement account. Depending on an individual’s income level, tax-filing status, and coverage by an employer-sponsored retirement plan, contributions may be tax-deductible.
A Roth IRA is a tax-deferred retirement account. Contributions are made with after-tax income and are not tax deductible, but may be restricted depending on an individual’s income level and tax-filing status. Qualified distributions from a Roth IRA are tax-free
A beneficiary IRA is one of the options an individual has if they have inherited an IRA. TCA by E*TRADE recommends that beneficiaries discuss all of their options with a tax advisor before establishing a beneficiary IRA, as there are many special rules governing such an account.
A simplified employee pension (SEP) IRA is a tax-deferred retirement plan provided by sole proprietors or small businesses for their employees. Contributions are made by the employer and are subject to the same rules as a traditional IRA
A Conversion Roth IRA is a tax-defered retirement account, used to segregate the conversion or re-characterization of funds from a Traditional IRA. Funds are added on a post-tax basis. Qualified distributions from a Conversion Roth IRA are tax-free.
Investment Products: Not FDIC Insured - No Bank Guarantee - May Lose Value.
E*TRADE Savings Bank and its affiliates ("E*TRADE") do not warrant these products, services and publications against different interpretations or subsequent changes of laws, regulations and rulings. E*TRADE does not provide legal, accounting, or tax advice. Always consult your own legal, accounting, and tax advisors.
Trust Company of America, the Trust Company of America logo, TCAdvisor and Liberty are registered trademarks of E*TRADE Financial Corporation. All other trademarks mentioned herein are the property of their respective owners. Product and service offerings are subject to change without notice.