A Roth IRA may be right for you if:
- You or your spouse have earned income
- Your modified adjusted gross income (MAGI) does not exceed certain limits
- You want tax-free earnings on qualified distributions
- You want to withdraw your contributions after a five-year holding period for any of the following reasons:
- You have reached age 59 ½
- You have a permanent disability or qualified medical expenses
- You are making a first-time home purchase
- You have certain higher-education expenses
With a Point Breeze Roth IRA:
- Contributions are nondeductible
- Qualified contributions may be withdrawn without IRS penalty
- Get competitive rates
- Funds are federally insured to at least $250,000 by the National Credit Union Administration
- Your total combined contribution for all of your Traditional and Roth IRAs cannot exceed the (plus the catch-up amount if you are age 50 or older) maximum contribution
Let us help you find the perfect retirement savings plan for you!