Forms and Requests Received Will be Processed in 24-48 hours of Quest Receiving the Form.
The Traditional IRA is widely known for its tax advantages, as the account owner does not pay taxes upfront, but rather in the future. In 2014, the contribution limit for this account that grows tax-deferred is $5,500. Once over the age of 50, there is a “catch-up,” amount of $1,000 added, bringing the total contribution limit to $6,500 for those who are 50 years of age and older.
2016 Contribution Limits:
$1,000 catch-up (Age 50+)
Submit Your Forms: All forms can be mailed or faxed to any of our locations or emailed to NewAccounts@QuestIRA.com