Individual Retirement Plans

IRA Plans
An IRA can be a great way to save for retirement. Increasing contribution limits and catch-up contributions make it easier to build your retirement savings. Plus, since you don't pay taxes on your account's earnings until you withdraw them, your money can grow more quickly than in a regular account.

If you already have an IRA, let us help you align your investments with your values. When you transfer your account to an IRA with Azzad, you benefit from a sound investment portfolio that's in line with your ethical investment philosophy.

Keep in mind that how fast your IRA dollars grow is largely a function of the investments that you choose. We'll help you build a well-diversified account that's based on your values, risk tolerance and goals. Your dedicated investment adviser will help you stay on track.

Learn more about your IRA options:

Traditional IRA
This account provides you with certain tax advantages to encourage you to save for retirement. Your earnings grow tax-deferred until you withdraw them. In many cases, your IRA contributions may also be tax deductible. However, you must start withdrawing your money at age 70½. Find out more

Roth IRA
This account is similar to a Traditional IRA in that earnings grow tax-deferred until you withdraw them. However, Roth IRA contributions are never tax deductible, but withdrawals may be completely tax free if you meet the requirements for qualifying withdrawals. Find out more

Rollover IRA
This account allows you to take your retirement savings from an employer plan such as a 401(k) with you when you change jobs without having to pay taxes or penalties. You simply rollover your 401(k) into this IRA account. Your money will continue to grow with the same tax deferred advantages you previously enjoyed. Find out more

For self employed business owners, your IRA options may provide your business with significant tax benefits:

SEP IRA
This account is established by an employer for his employees or a self employed individual establishes for his own benefit. Employers make tax-deductible contributions on behalf of their eligible employees. In return, the employer is allowed a tax deduction for plan contributions. Your earnings grow tax deferred until withdrawn. Find out more

SIMPLE IRA
A SIMPLE IRA is an easy way for a small business to set up a retirement plan. The employer makes tax-deductible contributions to the plan in the form of either matching or non-elective contributions and the employee makes salary deferral contributions. Find out more

Compare Popular Small Business Retirement Plans at Azzad