"The opportunity to accumulate tax-free earnings on my IRA contributions is something I should take advantage of."

"I like the option of deciding when to pay taxes."

"I know that having the foresight to save is the only way to ensure that I can look forward to a comfortable future."

You have always tried to make the best choices for yourself and your family. Because your future security is so important, planning ahead and saving for a comfortable retirement is something you need to think about now.

A Woman's Life Insurance Society Roth Individual Retirement Annuity may be the perfect choice for you if you have more to gain by paying taxes on your income now, thereby enjoying tax-free growth for the future. With a Roth IRA, you can have a tax-free, stable source of income ... for peace of mind during your retirement years.

Regular contributions to a Woman's Life Roth IRA can help you accumulate enough money for a secure and comfortable retirement, as well as provide tax-free withdrawals when they may be most beneficial to you.

Contributions to your Roth IRA are nondeductible, but the interest that accumulates may be received by you tax-free, depending on how and when the money is withdrawn. Through the years, your Roth IRA account value will grow dramatically beyond what you actually deposit, because of its consistently competitive rate of interest. And you can choose from a variety of payout options upon your retirement, such as a lump-sum payment or guaranteed installments over your lifetime.

If you earn compensation and your adjusted gross income (AGI) does not exceed $95,000 (for singles) or $150,000 (for joint filers), you are eligible to contribute to a Roth IRA (less any amounts you pay into any other IRAs in the tax year). The contribution amount is phased out for single taxpayers with AGI between $95,000 and $110,000, and for joint filers between $150,000 and $160,000. If a taxpayer's AGI meets or exceeds the $110,000 and $160,000 amounts respectively, the taxpayer may not contribute to a Roth IRA in that year.

If you are eligible, you may also qualify to contribute to a Roth IRA set up on behalf of your spouse.

While it is true that the more you contribute today, the more you will have at retirement, you are not required to contribute the maximum allowed. The frequency and size of contributions are up to you. Woman's Life annuities are designed to help you manage your financial future easily and affordably, and we encourage you to personalize your contributions to meet your individual needs. You can start your Roth IRA by contributing as little as $25 per month. You may contribute less than the maximum amount each year, make several contributions of different amounts per year, or even skip a year or more.

Because each individual's financial situation is different, you may find that it is to your advantage to pay taxes on your contributions now, and enjoy tax-free withdrawals when you're older. You can convert all or part of your existing traditional IRA into a Roth IRA as long as your adjusted gross income does not exceed $100,000 for the tax year, and you're not married and filing separately. Your AGI is determined before any amount is included in your income as a result of the conversion. Amounts that you convert from traditional IRAs are taxed. However, in many instances, this current taxation can eventually be offset by the potential tax-free accumulation of income under your Woman's Life Roth IRA.

In addition to flexible premium payments, competitive interest rates, and tax-free payouts, the Roth IRA from Woman's Life offers you many other important advantages.

You never have to worry about service charges on your Roth IRA from Woman's Life, unlike some Roth IRA plans, which add a service charge each time a deposit is processed.

There are no yearly Roth IRA fees. You can avoid the yearly fee that you encounter with some plans (sometimes up to $50).

This means that every dollar you invest in your Woman's Life Roth IRA works for you towards the retirement you've been planning for so long.

In addition, there is no federal tax on the withdrawal of amounts you've paid into your Roth IRA, so you can withdraw a portion or all of your investment at any time. If certain requirements are met, your gain on the amounts you paid into your Roth IRA might also be received tax-free.

There are surrender charges on withdrawals made during the early years.

Also, a death benefit equal to your current accumulated value is paid to your beneficiary if you die, and this payout is normally tax-free to the recipient.

And, to make your bookkeeping fast and easy, you'll receive an annual statement of your account, showing your plan's current status. Contact us for more information.

  Flexible Premium Deferred Annuity

  Single Premium Deferred Annuity

  Intuitions Five Single Premium Deferred Annuity

  Intuitions Flexible Premium Deferred Annuity

*Not available in all states

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IRA Fact Sheet

Traditional IRA vs. Roth IRA Fact Sheet