Building your retirement savings with a Traditional IRA means you may not pay any taxes until you take distributions. Your contributions are also tax-deductible up to certain income limitations.
You may make contributions up to the age of 70½ and each tax year you can continue to make contributions through April 15th. You may begin to take penalty-free distributions at the age of 59½.
New for 2015 - IRS Announces IRA Rollover Rule Change
The new rule, effective January 1, 2015, allows IRA owners to make only one rollover from an IRA to another (or the same) in a 12-month period, regardless of the number of IRAs owned. Previously, IRA owners were allowed one rollover per 12-month period for each IRA owned.
- Trustee-to-trustee transfers between IRAs are not limited
- Rollovers from traditional to Roth IRAs ("conversions") are not limited
For more information, visit irs.gov or speak with a tax advisor.
Already have an IRA?
If you need to make a change or transfer an IRA, click on the appropriate form below.
- Start a new Traditional IRA - If you have recently retired or need to move a 401k account, use this form.
- Transfer Form - Use this form to consolidate all your retirement funds to Security Service.
- Rollover Form - If you have recently retired or need to move a 401k account, use this form.
- Convert to a Roth IRA - Use this form to move your Traditional IRA to a Roth IRA.
Not a Security Service Member?
There are thousands of ways to qualify for membership. Find out if you qualify in the first step of the application or stop by one of Security Service's branches in Colorado, Texas, and Utah.
Must meet membership requirements and must open and maintain a Security Service Savings account (either a Security Service Basic Savings Account or a Youth Savings Account) with a $5 balance.