Open Account

Account Types

Traditional IRA

Contributions may be deducted from your annual income in that tax year. Taxes are paid upon distribution of cash or assets at your income tax rate in the tax year of the distribution.

Learn More

Roth IRA

Annual contributions do not come with a tax deduction, but qualified distributions of the account’s contributions and earnings can be 100% tax-free.

Learn More

Health Savings Account (HSA)

An HSA is an individual, custodial account that functions much like an IRA. However, they feature the ability to use untaxed money to pay for qualified medical expenses. HSAs are not “use it or lose it” like FSAs, nor are they controlled by your employer like HRAs.

Learn More

SIMPLE IRA

A SIMPLE IRA is an employer plan that allows annual contributions by both the employer and the employee, each of whom may get a tax deduction in the tax year of the contribution. These are popular among companies with 100 or fewer employees.

Learn More

Inherited IRA

When an account holder passes away, the account is inherited by that account holder's designated beneficiary or beneficiaries. At that time, the IRA becomes an Inherited IRA and some of the contribution and distribution rules change.

Learn More

Solo 401(k)

A Solo 401(k) is simply a 401(k) plan for the self-employed. NDTCO can provide you with a plan document and/or bookkeeping for your plan.

Learn More

SEP IRA

Employer plan with the same tax advantages as a traditional IRA. However, unlike a traditional IRA, annual contributions are made by the sponsoring employer from business revenue and the employer gets the tax deduction.

Learn More

Coverdell Education Savings Account (ESA)

ESA contributions must be included in your income, but distributions for qualified education expenses can be 100% tax-free.

Learn More
Loading