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The Roth IRA is an innovative way to plan for your retirement. This individual
retirement account plan allows people to keep and build funds for the future without
relying on a company pension plan or the unsure future of Social Security.
American Fidelity could assist you in converting money from a traditional IRA
into your Roth IRA. To qualify, your AGI must be $100,000 or less, married contributors
must file joint returns, you must pay taxes on funds that are moved pre-tax, and rollovers must
be completed within 60 days.
Highlights:
- No required distributions at any time.
- May allow you to qualify for a tax-free distribution of the earnings.
- Contributions are made with after-tax dollars; earnings are tax-deferred.
- No age limit to make contributions.
- No minimum contribution in any year. The maximum contribution is the lesser of 100% of your earned income or $5,000 for 2009.
- If you are 50 years of age or older, you may contribute an additional $1,000. You may begin taking advantage of the increased limit
in the tax year you reach age 50.
- American Fidelity offers both fixed and variable Roth IRA products.
Contact American Fidelity about this plan:
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| If you would like to contact American Fidelity about their Roth IRA products
or to inquire about current rates, please identify your industry or profession below and click the “Next” button to continue.
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The information contained on this and other product pages generally highlight the
important features of the particular American Fidelity product listed, and does not constitute a statement of contract,
nor a complete description of the conditions, benefits, exclusions and other terms of coverage. The product listed
and/or all benefits may not be available in all states and coverage is subject to all applicable policy provisions as
authorized by the proper state regulatory authorities. For more complete information, please consult the terms of the
product policy form approved in your state or contact us. (FPDA and FVA Series)
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