Haverhill
Podcast: Haverhill Bank’s Temple Pruyn Offers A Word About Retirement Accounts Before Tax Day
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Federal and state tax returns are due in a little more than a month, and for people with retirement accounts, such as a traditional IRA or a Roth IRA, it also means a deadline is approaching for making contributions that count for the 2023 tax year. It also means, for some, a deadline to start taking money out. The heads up comes from Haverhill Bank Assistant Vice President and Mortgage Officer and Originator Sherry L. Temple Pruyn, who stopped by WHAV’s “Win for Breakfast” program. She spoke about people with a traditional Individual Retirement Account. The traditional IRA is funded with pre-tax money, unlike the Roth IRA which is funded with money already taxed, and the federal government requires taking distributions by a certain age.







