A URS Traditional IRA can allow tax-deductible contributions while deferring any taxes on investment earnings until you start taking withdrawals.
You can contribute several ways. If your employer participates you may contribute through payroll deductions. Otherwise, you may contribute directly to URS. You may also roll over funds from other retirement plans (401(k), 403(b), IRAs) into the Traditional IRA. It's a great way to combine other plans you've accumulated over time (see specific details).
IRS limits apply to your combined contributions to all Traditional and Roth IRAs.