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Traditional IRAs Offer Tax Advantages Now… and Later

Safeguard your retirement savings with a Traditional Individual Retirement Annuity (Traditional IRA)1 that offers advantages now and in the future. Flexibility is one feature that makes it a valuable tool for creating a long‐term plan to meet your retirement needs.

Helpful Features

Individuals Who Choose Traditional IRAs:

Traditional IRAs also are useful for transferring money in several ways:

Eligibility

In order to contribute to a Traditional IRA, one must:

Distributions

At age 70‐1/2, individuals must start taking a Required Minimum Distribution (RMD). The first RMD is required by April 1 of the year following the year a person reaches age 70-1/2. Additional distributions thereafter need to be taken by Dec. 31 each year.


View Annuity Rates

 

What's next?

Your Representative will prepare a customized plan that best meets your specific needs and budget. Get started by connecting with your Representative below.

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Disclosures

WoodmenLife, its employees and Representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel.

  1. ICC10 87 4-10, 87 4-10 (XX), O-87 4-10 (XX)

WEB67 - 1/18/2019