Roth IRA

Take care of your tax responsibilities upfront and take comfort in tax-free money at retirement with a Roth IRA at Webster.

  • Fast Facts
  • Enjoy tax-free withdrawals*
  • No minimum distributions
  • Make contributions at any age

You work hard for your money and want to ensure it lasts well into your future. To help build your nest egg for tomorrow, a Roth IRA at Webster lets you put away after-tax income, grow earnings tax-free, and enjoy tax-free income to fund the retirement you’ve earned.

Is a Roth IRA Right for You?

If you’re employed, plan on earning income after age 70, and want a way to supplement your 401(k) or other retirement savings, you may want to consider a Roth IRA retirement plan if you:

  • Believe your income during retirement may be high
  • Don’t know how or when you may need to use your savings
  • Would like to continue contributing after age 70 ½
  • Aren’t eligible for a current tax deduction with a 401(k) or other retirement plan

Roth IRAs Can Offer You

  • Sense of confidence knowing your withdrawals are tax-free after age 59½
  • The potential to earn even more with accrued compound interest
  • No mandatory minimum distributions
  • The freedom to withdraw your principal at anytime
  • Ability to convert from a Traditional IRA
  • Withdrawals of up to $10,000 in earnings without penalty to buy your first home

Keep in Mind

  • Consult tax advisor/professional regarding your specific situation
  • There are no current tax deductions available
  • Eligibility phases out for individuals who exceed the income limits
  • For penalty-free withdrawals of earnings, account must be open for at least 5 years and account holder must be at least 59½ at time of withdrawal

Need personalized investment advice? Have a Financial Consultant contact you.

To learn more about our Roth IRAs, please call us at 1-888-493-2783, option 4 or visit a Webster branch near you.

 

Securities and Insurance Products:

 Not FDIC Insured Not Bank Guaranteed  May Lose Value 
 Not a Bank Deposit  Not Insured by any Federal Government Agency 

 

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Webster Bank, N.A. and Webster Investments are not registered broker/dealers and are not affiliated with LPL Financial.

 

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: NY, CT, MA & RI.

 

The Webster Symbol and Webster Investments are registered trademarks of Webster Bank, N.A. registered in the U.S. Patent and Trademark Office.

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