Fifth Third Bank

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.

Get Advice and Guidance

Contact a Fifth Third Securities Investment Professional, visit a Fifth Third Banking Center near you, call us toll free at 1-800-416-8714, or fill out a contact form.

*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.

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


Are Not FDIC Insured Offer No Bank Guarantee May Lose Value
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