Individual Retirement Accounts (IRAs)

Do More for Your Retirement With a Tax-advantaged IRA

Why IRAs?

No matter how near or far off your retirement is, the tax advantages of an Individual Retirement Account can be too great to pass up. Using both an IRA and an employer-sponsored plan (such as a 401(k) if you have access to one) provides the opportunity to invest more for your retirement.


If you’ve earned income and are younger than age 70½, a Traditional IRA may be right for you.
  • Immediate tax advantages; contributions may be tax-deductible and earnings remain invested tax-deferred
  • Taxes are due at the time of distribution/withdrawal
  • No maximum income limits for eligibility

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If you’ve earned income below a certain threshold set by the IRS, a Roth IRA may be right for you.
  • Though contributions are made after-tax, earnings remain invested tax-free
  • Withdrawals are tax-free in retirement; there is no tax on qualified distributions after age 59½
  • May be more appropriate for those with growing income potential (who may be taxed at a lower rate now versus in retirement)

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If you're changing jobs or retiring, be sure to consider the assets you've accumulated in your employer-sponsored plan, such as a 401(k) plan.

There are four different actions you can take with assets invested via a previous employer’s retirement plan. These include leaving the assets where they are, moving the assets to a new employer’s plan, cashing out, and rolling the assets over to a Traditional or Roth Individual Retirement Account (IRA).


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Important Legal Disclosure and Informationok

This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.

Important Investor Information: Brokerage and insurance products are:

Not FDIC Insured • Not Bank Guaranteed • Not A Deposit
Not Insured By Any Federal Government Agency • May Lose Value

Securities products, brokerage services and managed account advisory services are provided by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and member FINRA, and SIPC. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency.

This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.

PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.

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