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Explore Our IRAs

Fill out the form and a WoodmenLife Representative will contact you to discuss your IRA options.

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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.


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