The Taxpayer Relief Act of 1997 greatly expands the usefulness of the traditional IRA. It's more flexible, and gives more people access to IRA tax advantages, including:

• Extension of tax-deductible IRAs to people with higher income levels

• Tax penalty-free withdrawal from IRAs for qualified higher education expenses and for first-time homeowners

• Tax-deductible contributions
• Tax-deferred accumulation of earning
• Competitive interest
• Substantial lifetime income at retirement

• Flexibility to make withdrawals for qualified educational expenses or the purchase of a home

If you're under 701/2, and have earned income from employment, you can contribute up to $2,000 if you're single or $4,000 if you're married.

For more information please call us at 408-241-7641 or email us.