2010 has come and gone, but those of us at Fowler State Bank want to make sure our customers stay informed about all of the wonderful products available for their use. In addition to our email newsletter that goes out once a month, Fowler State Bank will also be sending out a product highlight each month.
This month’s featured product is a ROTH IRA. What makes a Roth IRA so attractive?
- No mandatory distribution age
- All earnings and principal are 100% tax free if rules and
regulations are followed
- Funds can be invested in a variety of instruments
- Principal contributions can be withdrawn any time without
IRS penalty
Before converting to a ROTH IRA there are some questions you should ask yourself:
- Is your tax bracket going to be higher or lower at retirement?
- Have you made non-deductible contributions to traditional
IRA’s in the past?
- What are the largest contributions you will be making to your
IRA?
Call today and ask for Anne Molter or Linda Brouillette at 800-439-3951 to discuss how a ROTH IRA can work for you. |
