Fifth Third Bank Preferred Program

Call Today 877-579-5353

IRA Rollover

Juggling Multiple Retirement Savings Accounts?

Like many people today, you may have changed jobs a few times over your career and accumulated several retirement savings accounts. Managing numerous accounts can be cumbersome. Why not consolidate your multiple company retirement plans into one, convenient, easy-to-manage Rollover IRA? Not only can you streamline your retirement accounts, you can also keep your money growing tax deferred.*

Consolidate Your Company Retirement Plans into One IRA
Opening an Account
  • There is no minimum investment requirement to open an IRA with Fifth Third Securities
Key Features
  • Designed to hold funds rolled over from an employer plan
  • Keeping the assets separate from other IRAs may allow you to roll the funds into another employer plan at a later date
Eligibility
  • Individuals who receive an eligible rollover distribution from an employer-sponsored plan
Tax Advantages*
  • Earnings grow tax deferred
  • Heirs may also benefit from tax-deferred growth and income
Withdrawals
  • Required Minimum Distributions (RMD) begin at age 70½
  • Withdrawals made before age 59½ are usually subject to a 10% IRS penalty (with certain exceptions) and subject to taxes on withdrawals

To learn about consolidating your retirement savings accounts with an IRA Rollover or for a retirement analysis to help you stay on track, contact a Fifth Third Securities Investment Professional.



*Fifth Third Securities does not provide tax advice. Please consult your tax advisor before making any decisions or taking any action based on this information.

Disclosures

Fifth Third Securities is the trade name used by Fifth Third Securities, Inc., member FINRA/SIPC, a wholly owned subsidiary of Fifth Third Bank, a registered broker-dealer, and a registered investment advisor registered with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. Securities and investments offered through Fifth Third Securities, Inc. and insurance products:


Are Not FDIC Insured Offer No Bank Guarantee May Lose Value
Are Not Insured by any Federal Government Agency Are Not A Deposit

Insurance products made available through Fifth Third Insurance Agency, Inc.

Investments, variable annuities and brokerage accounts are offered through Fifth Third Securities, a wholly owned subsidiary of Fifth Third Bank. Fixed annuities are offered through Fifth Third Insurance Agency Inc., a wholly-owned subsidiary of Fifth Third Bank.