GuideStone IRA
Which type of IRA would you like to open?
Which option should I choose?
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Traditional IRA: An individual retirement savings account frequently
opened in addition to or in the absence of an employer-sponsored retirement
plan. Earnings grow tax-deferred and spouses (working or non-working) are generally eligible
to contribute as well.
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Roth IRA: Similar to a traditional IRA in that your earnings will grow
tax-deferred. However, a Roth requires you to pay taxes up front when you make contributions
in return for tax-free withdrawals when you retire. There is also no required minimum
distribution at age 70½ with a Roth and it has a potential early withdrawal feature.
You will need the following information if you plan to fund your account with an electronic payment
from your bank or with a rollover/transfer from another retirement account:
Electronic payment from your checking or savings account
- Bank name, address, phone number and routing number
- Account number and type (checking/savings)
Rollover / Transfer of assets from another retirement account
- Institution name, address and phone number
- Account number and type (403(b), IRA, Roth IRA, etc.)
Please Note: To set up an indirect rollover (also known as a 60-day rollover) or a beneficiary
IRA, please call a GuideStone Customer Solutions specialist at 1-888-GS-FUNDS
(1-888-473-8637) Monday through Friday between 7 a.m. and 6 p.m. CST.