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IRA Comparison

Aren't sure which type of IRA is best for you? Compare the differences:

  Traditional IRA Roth IRA
Key Advantage Tax-deferred growth; contributions may be deductible Tax-free growth if the account is open for five years and you are at least 59 1/2 when distributions are made
Who's Eligible Anyone under age 70½ who has earned income Anyone who has earned income who is under the maximum income phaseout limits
Maximum Contribution Tax Year 2008: $5,000
($6,000 if age 50 or over)

Tax Year 2007: $4,000
($5,000 if age 50 or over)		 Tax Year 2008: $5,000
($6,000 if age 50 or over)

Tax Year 2007: $4,000
($5,000 if age 50 or over)
Tax Deduction Permitted Depends on your annual income and whether you or your spouse were covered by an employer-maintained retirement plan during the year No
Required Distributions Yes, annually beginning at age 70½ No

May 17, 2008



Important Legal Information

The Sit Mutual Funds referred to in this site are offered and sold only to persons residing in the United States, and are offered by Prospectus only. By using this site you agree to our Terms of Use. Information in this site does not constitute an offer to sell, or a solicitation of an offer to buy shares of any Sit Mutual Funds. Shares of the Sit Mutual Funds will not be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Mutual fund investing involves risk. Loss of principal is possible. For more information on any of our Funds, download a Prospectus from this site or call 800-332-5580 to have one sent to you. The Prospectus contains important information about a fund’s investment objectives, risks, and charges and expenses, and should be read carefully before investing.
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