By opening an individual retirement account, you are writing your own ticket to a secure financial future. A traditional IRA from Fidelity Homestead gives you immediate tax savings since contributions can be deducted from your current annual returns.

The interest earnings do not incur taxes until withdrawal. This provides a second advantage, since the tax will be subject to a lower tax bracket once you're retired. While this means good things do come to those who wait...you can't wait to get started!

• No annual fee
• Interest earnings are tax deferred
• Interest income on account grows tax free
• Contributions can be deducted from income tax returns*
• Must be under age 70½ to open
• Early withdrawals subject to penalty **
• $5,000 contribution limit per year (as of 2012)***
• Additional $1,000 "catch-up" contribution allowed for ages 50+
• Funds can be used to purchase CDs
• Withdrawals can begin at age 59½
• Mandatory withdrawals at age 70½
• $100 minimum deposit to open a variable rate/term account
• $1,000 minimum deposit to open a fixed rate/term account
• FDIC insured

* Consult with a tax advisor.

**Certain exceptions apply, such as healthcare, purchasing first home, etc.

***If you are under 50 years of age at the end of 2011:

• This limit can be split between a traditional and a Roth IRA but the combined limit is $5,000.
• The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified adjusted gross income (modified AGI).

If you are 50 years of age or older before 2012:

• This limit can be split between a traditional and a Roth IRA but the combined limit is $6,000.
• The maximum contribution to a Roth IRA and the maximum deductible contribution to a traditional IRA may be reduced depending upon your modified AGI.