Roth IRA

Tax advantages in retirement

Why a Roth IRA?

While contributions to a Roth IRA aren’t tax-deductible, earnings grow tax-deferred and can be withdrawn penalty- and tax-free in two ways: after you’re 59 ½ years old ; or if you’ve owned your account for at least five years and are purchasing a first home, paying for college or experiencing other qualifying life events.2

A Roth IRA is right for you

If you’re interested in tax-free withdrawals.

A Roth IRA may help ease your tax burden in retirement, if you expect to retire and move into a higher tax bracket.

Advantages of an Amica Life Roth IRA

  • Avoid additional fees – An Amica Life deferred IRA has no front-end sales charges, service fees or annual administrative costs.
  • Tax-deferred growth – With an IRA, you could earn more than in a taxable account with the same interest rate.
  • Proven steady performance – Amica Life’s conservative investment portfolio has consistently resulted in a competitive yield with minimal risk.
  • Competitive fixed interest rates – Earn regardless of market or economic conditions.
  • Flexible payout choices – You choose a plan for receiving your money or the maturity date that best fits your lifestyle.
  • Stability – Amica Life has received an A+ (Superior) rating from A.M. Best3, a leading authority on insurance company financial stability.
  • No age contribution limits – Your eligibility to make a Roth IRA contribution depends on your (and, if applicable, your spouse’s) filing status, as allowed by the IRS, and modified adjusted gross income.
  • Catch-up provision – For tax years 2018 and 2019, individuals ages 50 and over with earned income can make an additional catch-up contribution of $1,000 per person.

Planning your retirement doesn’t have to be complicated. Let’s talk.

Call 844-786-0697

and speak with an Amica Life annuity specialist today.

Or request more information here

View policy form numbers

Not available in all states. Before purchase of an IRA, you should consult with a tax advisor to ensure that you have selected the best options for your retirement. Guaranteed returns are based on the claims-paying rating of your insurer. Fixed annuities are not insured or guaranteed by any agency that insures deposits.

1 Subject to additional distribution requirements.

2 Withdrawals up to $10,000 may be made after 5 years and if certain special criteria are met.

3 A.M. Best Company. Jan. 24, 2019. A+ is the second-highest of 15 possible ratings. For the latest rating, access ambest.com.