An Individual Retirement Account (IRA) allows you to invest and earmark funds for retirement, which can result in significant tax advantages. We believe an IRA is one of the most efficient, cost-effective, and beneficial vehicles for funding your retirement.
2019 contributions can be made up until April 15, 2020, to receive the tax deductions on your 2019 taxes. Contributions for Traditional and Roth IRAs cannot exceed $6,000 ($7,000 age 50 or older) for 2019 and 2020.
IRAs have distribution limits that make it costly for you to withdraw funds before age 591/2. The investment gains on withdrawals made before age 591/2 are taxable and result in a 10% early withdrawal penalty.
Contact Shareholder Services at (844) 838-2119 with any questions or if you need help completing the form.
Consult with your tax advisor with respect to your specific tax situation, including in the applicability of any state and local taxes. Investing involves risk, including loss of principal.
Investors should carefully consider a fund’s investment objectives, risks, charges, and expenses before investing. This and other important information is contained in the fund’s prospectus, which should be read carefully before investing. To obtain a fund prospectus, call 1-844-838-2119. The fund is distributed by Ultimus Fund Distributors, LLC.