Make your retirement savings work harder for you - roll it all into a managed IRA through Alaska USA Trust Company. When you open a managed IRA, your contributions are invested for you based on a customized plan. IRA funds are allowed the potential to grow tax-free until withdrawal, possibly providing greater returns for your retirement. Why should I choose Alaska USA Trust Company for my managed IRA?
What types of IRAs are available? Alaska USA Trust Company offers both traditional and Roth IRAs. Can Alaska USA Trust Company help me roll over my existing IRA(s)? If you have an existing IRA, 401(k), or other qualified retirement plan, Alaska USA Trust Company can help you roll over the funds into a new account without incurring withdrawal penalties. Your trust officer will even contact your current plan representative for you. Is there a minimum to open a managed IRA? Yes. Professional investment and customized wealth management services are available for accounts of $100,000 or more. How much can I contribute to my IRA each year? The maximum annual contribution as set by the IRS for tax years 2008 through 2010 is $5,000 ($6,000 for those 50 and older). Are managed IRAs insured? Due to their investment nature, managed IRAs opened through Alaska USA Trust Company are not insured or guaranteed and may lose value. When can I access my funds without a federal tax penalty? You can begin withdrawing funds from your traditional IRA penalty-free at age 59 1/2. You can withdraw contributions from your Roth IRA penalty-free at anytime. For guidelines on withdrawing your earnings penalty-free, consult your tax advisor. Are tax deductions available for my IRA contributions? There are limited tax deductions (based on income level) for traditional IRAs, but none for Roth IRAs. Please consult your tax advisor on investment decisions that will affect your taxes. How do I monitor my managed IRA investments?
How do I open an IRA? To open a managed IRA through Alaska USA Trust Company, call 562-6544 in Anchorage or (888) 628-4567 outside Anchorage. Highlights
AKUSA 02608-I R 10/31/08 |
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