Payroll Deduction IRA
Under a Payroll Deduction IRA, employees establish an IRA (either a Traditional or Roth IRA) with a financial institution and authorize a payroll deduction amount for it. A business of any size, even self-employed, can establish a Payroll Deduction IRA program.
Participate in a Payroll Deduction IRA
Benefits of participation, contributions, effects of withdrawing money from the IRA.
Choose a Payroll Deduction IRA
Learn the basics of a Payroll Deduction IRA program.
Establish a Payroll Deduction IRA
Set up a Payroll Deduction IRA program.
Operate a Payroll Deduction IRA
Learn about the employer’s role in a Payroll Deduction IRA program.
Terminate a Payroll Deduction IRA
Requirements for ending a Payroll Deduction IRA.
Additional Resources
Forms, publications, frequently asked questions, etc.
