3. Creditor Protection:

Traditional IRA

Depends on state law

Qualified Retirement Plan

Protection under ERISA if there is at least one employee besides the owner and the owner's spouse.

4. Loans:

Traditional IRA

Short-term "loan" capabilities once every 12 months through the 60-day rollover provisions.

Qualified Retirement Plan

Possible loan provisions.

5. Ability to convert to a Roth IRA:  

Traditional IRA

Yes.

Qualified Retirement Plan

Yes, but first the account would have to be rolled over to a traditional IRA  

6. Can elect 10-year averaging on lump sum distributions if you qualify:

Traditional IRA

No.

Qualified Retirement Plan

Yes.

7. Net unrealized appreciation treatment on employer securities:

Traditional IRA

No.

Qualified Retirement Plan

Yes.

<< Previous    1  [2]  3    Next >>