Skip Navigation Link

Types of IRAs 

Couple in front of a computer

There are three main types of IRAs. Is one right for you?

  • Traditional − Take a tax deduction on current contributions, allows the potential for tax-free compound growth, but pay taxes when you make a withdrawal

  • Roth − Pay taxes now, earn tax-free income later, assuming the account has been held for at least five years and you are at least 59½ years old

  • Rollover − For job changers, recent retirees or those wanting to consolidate retirement plans from previous employers

Keep in mind, neither Nationwide® nor its representatives provide tax or legal advice. You should consult with your attorney or other professional advisor for such advice.

Not a deposit • Not FDIC or NCUSIF insured • Not guaranteed by the institution • Not insured by any federal government agency • May lose value

Get a Second Opinion

Your investment professional can help you understand if you may benefit from an IRA.

NFW-1349AO

My Account

Privacy and Security Information

Log in to my:


Have your username and password ready.

Continue

Have your username and password ready.

Continue

Contact Us

Service for Existing Customers

1-800-848-6331

Talk to an Investment Professional

1-877-245-0761

Find an Investment Professional

Locate someone near you

Why work with a professional?

Email Us

Send us a message

Equal Housing Opportunity Insurer TrustE

©2008 Nationwide Mutual Insurance Company. All rights reserved. Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation. Home Office: One Nationwide Plaza, Columbus, OH 43215-2220.