Chapter 1 Traditional IRAs Important Changes for 2001 Important Changes for 2002 Introduction What Is a Traditional IRA? Who Can Set Up a Traditional IRA? When Can a Traditional IRA Be Set Up? How Can a Traditional IRA Be Set Up? How Much Can Be Contributed? When Can Contributions Be Made? How Much Can I Deduct? What If I Inherit an IRA? Can I Move Retirement Plan Assets? When Can I Withdraw or Use IRA Assets? When Must I Withdraw IRA Assets? (Required Distributions) Are Distributions Taxable? What Acts Result in Penalties?