This hypothetical example is for illustrative purposes only and does not represent the performance of any security. Chart assumes contribution limits of $3,000 in 2004, $4,000 for 2005-2007, and $5,000 thereafter, along with eligible "catch-up" contributions beginning at age 50. Catch-up annual limits are $500 in 2004–2005, and $1,000 thereafter. These contribution limits are scheduled to expire on Dec. 31, 2010, but this example assumes that legislation is enacted to extend them. Chart assumes maximum eligible annual IRA contributions made on January 1 each year beginning at the specified age and continuing through age 70. Assumes annual rate of return of 8% and tax-deferred compounding in an IRA. Final account balances are prior to any distributions, and taxes may be due upon distribution. You may be subject to a 10% penalty if you withdraw prior to age 59½. Investing in this manner does not ensure a profit or guarantee against loss.

This hypothetical example is for illustrative purposes only and does not represent the performance of any security. Chart assumes contribution limits of $3,000 in 2004, $4,000 for 2005-2007, and $5,000 thereafter, along with eligible "catch-up" contributions beginning at age 50. Catch-up annual limits are $500 in 2004–2005, and $1,000 thereafter. These contribution limits are scheduled to expire on Dec. 31, 2010, but this example assumes that legislation is enacted to extend them. Chart assumes maximum eligible annual IRA contributions made on January 1 each year beginning at the specified age and continuing through age 70. Assumes annual rate of return of 8% and tax-deferred compounding in an IRA. Your account may earn more or less. Final account balances are prior to any distributions, and taxes may be due upon distribution. You may be subject to a 10% penalty if you withdraw prior to age 59½. Investing in this manner does not ensure a profit or guarantee against loss.