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Amundi Pioneer Traditional IRA

Your clients' contributions to a Traditional IRA may be tax-deductible, depending on their income and whether they participate in a retirement plan at work. Use our Guide to Traditional IRA Deductions to check the IRA deductibility options for your client.

 

If your clients are eligible for a tax deduction, their current-year tax bill could shrink every time they invest. For example, if they are in a 28% tax bracket and make a $5,500 deductible contribution to a Traditional IRA, they could save $1,540 on their taxes that year.

 

Regardless, all earnings in a Traditional IRA grow tax-deferred. Investors don't pay taxes until they withdraw their money, which usually is during retirement when they may be in a lower tax bracket.

Before investing, consider the product's investment objectives, risks, charges and expenses. Contact your advisor or Amundi Pioneer for a prospectus or summary prospectus containing this information. Read it carefully. To obtain a free prospectus or summary prospectus and for information on any Pioneer fund, please download it from our web site.