Open an IRA by April 17 to maximize your 2011 tax advantage and get started with your 2012 contributions.

An Individual Retirement Account (IRA) is a smart way to save for your future. With disciplined savings and its tax advantages, an IRA can help you reach a more secure and comfortable retirement. The sooner you start, the better. Because of its tax advantages, it's important to have an IRA as part of your retirement plan.

• Tax-deferred growth - Your IRA earnings are not taxed each year, providing more growth potential
• Accumulate more - Your IRA will grow faster over time since earnings are compounded

There are two different types of IRAs to consider: Traditional IRAs and Roth IRAs.

• Traditional IRAs: Deduct the money you set aside for retirement from current income taxes. When you retire and start taking money out of your IRA, withdrawals will be taxed as ordinary income.
• Roth IRAs: Contributions are not tax-deductible, but will be free from taxes when withdrawn. And, there is no mandatory withdrawal in your lifetime. Since 2010, anyone who has a Traditional IRA, SEP-IRA, or distributions from many types of employer retirement plans can convert their savings to a Roth IRA.

You can contribute to an IRA to supplement your retirement savings even if you have a 401(k). We can also help you rollover your retirement accounts into an IRA at Affinity. Our Financial Advisors will give you unbiased guidance and create a plan that's based solely on what's right for you.¹

Contact an Affinity Financial Advisor at 888.734.1300 to schedule your free consultation.

 

Understand Your IRA Options

	Description	Benefits	Terms
IRA Investment Opportunities1	Affinity Financial Advisors will help you choose the best IRA based on your personal needs, including: Eligibility requirements Tolerance for risk Plans for retirement.	Potential risk, but higher growth opportunities	Call for information	Contact a Financial Advisor Open or Service an Account
IRA Accumulator2	A great account to jumpstart your savings	Earn competitive rates Low risk, low minimum to get started	$50 minimum	Rates Open & Service Accounts
IRA Money Manager2	Money market account with steady returns and minimal risk	Tiered dividend rates Save more, earn more	$500 minimum	Rates Open & Service Accounts
IRA Certificate Accounts2	Guaranteed rate of return with great flexibility	Offers highest rates of return Choose length of investment	$500 minimum 30 days to 60 month terms Some restrictions may apply	Rates Open & Service Accounts

IRA Rollovers

If you are changing jobs, retiring or leaving a job, it may be a great time to consolidate your investments into a rollover IRA. There are many options for a rollover, and various implications of each. With the Rollover Review, you get a personal Financial Advisor to manage the process and evaluate your investment position. Your advisor will:

• help you understand your investment options
• assist you in the transfer of stock
• discuss tax ramifications
• review your estate planning options

1 Securities and investment advisory services offered by Affinity Investment Services, LLC, 73 Mountain View Boulevard, Basking Ridge, NJ 07920, member FINRA/SIPC. Investments offered by Affinity Investment Services are not deposits or obligations of Affinity Federal Credit Union. They are NOT NCUA INSURED and NOT GUARANTEED by Affinity Federal Credit Union or any governmental agency and are subject to INVESTMENT RISK, including LOSS of PRINCIPAL. Investments may lose value. Affinity Investment Services, LLC is a wholly owned subsidiary of Affinity Federal Credit Union. Business Continuity Disclosure Statement.
2 IRA Accumulator, IRA Money Manager & IRA Certificate Accounts are insured by the NCUA up to $250,000.

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