Tax Accountant 1040 Washington Street
Anytown, CA 91234
(000) 555-1212

Date

John and Mary Smith
1234 Main Street
Anytown, CA 91234

Dear John and Mary:

Todayís tax laws offer a variety of options to save for retirement. Most economists donít believe individuals can solely rely on Social Security and small company pensions to meet their retirement needs. Among those options is the Traditional IRA, which is being overshadowed by all the hoopla surrounding Roth IRAs.

Traditional IRAs offer deductibility for those in lower income levels, allowing them the opportunity to contribute more than they might otherwise be able to without the deduction. They also permit nondeductible contributions, for those taxpayers who cannot contribute to a Roth IRA, because their income is too high. In either situation, contributions to a Traditional IRA can be rolled over into a Roth IRA, when and if it is appropriate.

The enclosed brochure will provide additional information about Traditional IRAs and how they fit into your investment strategies. Please feel free to call me with any questions or concerns.

Sincerely yours,

Tax Accountant

TA/pc