Roth IRA

Offered by PNC Wealth Management
If you’ve earned income below a certain threshold – $165,000 (filing single) or $246,000 (filing joint) for 2025 – a Roth IRA may be appropriate for you

Key Features

Tax-free for Later

Earnings remain invested tax-free for retirement, and distributions are tax-free after 5 years and age 59½

Flexibility with Withdrawals

Contributions can be withdrawn at any time without penalty, and there are no lifetime RMDs

Plan for Growing Income Potential

May be more appropriate for those taxed at a lower rate now versus in retirement

Features & Benefits

  • Though contributions are made after-tax, earnings remain invested tax-free for retirement
  • Funds can be distributed tax-free in retirement; there is no tax on qualified distributions after age 59½, provided the account has been open for five years
  • Contributions can be withdrawn at any time without penalty
  • May be more appropriate for those with growing income potential (who may be taxed at a lower rate now versus in retirement)
  • Distributions may be passed on to beneficiaries tax-free
  • No lifetime RMDs (Required Minimum Distributions)

Eligibility

  • Anyone with earned income or whose spouse has earned income (below the stated limit) can contribute to a Roth IRA
    • 2025 maximum income: $165,000 (filing single) or $246,000 (filing joint)

PNC Wealth Management offers two convenient ways to manage your IRA, giving you the comfort and control that's appropriate for you.

Option One: Brokerage Plus

For clients who like flexibility when it comes to managing investments – plus the convenience of independent, online trading.

To Apply, Call 1-855-762-4683

  • Access a broad range of equities, ETFs (Exchange-Traded Funds) and mutual funds
  • Place zero commission trades online for equities, ETFs and mutual funds
  • Work with a team of support professionals via phone, to provide help with transactions or answer questions
  • View account information online, including electronic statements
  • Learn more about Brokerage Plus

What You Need to Apply

Option Two: Classic Investment Account

For clients who prefer to work with a dedicated PNC Wealth Management professional who can provide objective, personalized guidance.

To Apply, Call 1-855-762-4683

  • PNC Wealth Management will help you customize a plan from our wide product suite
  • Access analytical tools and reports, including Morningstar and S&P research
  • Access a team of support professionals via phone, to provide help with transactions or answer questions
  • View account information online, including electronic statements
  • Learn more about Classic Investment Account

What You Need to Apply

Contribution Limits

2025 - Under 50
Filing Single $7,000
Filing Joint $14,000
2025 - Over 50
Filing Single $8,000
Filing Joint $16,000

 

Contribution Deadline
Contributions for a previous year can be made until the deadline for filing taxes for that year (without extensions)

Income Limits for Roth IRA Contributions

Your income determines how much you’re able to contribute to a Roth IRA. These limits are based on your Modified Adjusted Gross Income (MAGI). Consult your tax adviser to determine your specific contribution allowances.

Married, Filing Joint: 2025

MAGI Contribution
Less than $236,000 Full
$236,000 to $246,000 Reduced
Over $246,000 None

Filing Single: 2025

MAGI Contributions
Less than $150,000 Full
$150,000 to $165,000 Reduced
Over $165,000 None

Married, Filing Separately: 2025
(and lived with spouse any time during year)

MAGI Contribution
$0 Full
$0 - $10,000 Reduced
Over $10,000 None

Withdrawals

Contributions to a Roth IRA may be withdrawn penalty-free at any age. Earnings generally cannot be withdrawn prior to age 59½ without being subject to a 10% penalty. After age 59½, earnings can be withdrawn tax-free, provided the account has been open for five years.

Convert Your Traditional IRA to a Roth IRA

Call 1-855-PNC-INVEST for help in deciding whether a Roth Conversion is appropriate for you.

A Roth Conversion allows you to take money in your Traditional IRA and move it into a Roth IRA. Generally, you’ll owe taxes on the amount of money you convert. However, qualified withdrawals from a Roth IRA can be made tax-free. This may result in significant tax savings in the long run.

We Also Recommend

The following information may be provided by PNC Wealth Management affiliates, including PNC Bank®, PNC Private Bank® or PNC Institutional Asset Management®:

Capital Directions®

Capital Directions®, a unified managed account program, was designed for clients who prefer to consolidate and manage investments in an efficient, single account structure.

Learn More

Traditional IRAs

With a Traditional IRA, you can benefit from possible tax-deductible contributions and earnings that accumulate tax-deferred.

Learn More

PNC Directions®

PNC Directions® is a mutual fund and exchange traded fund (ETF) advisory program designed for investors taking those first steps toward achieving their financial goals. This account makes the process of investing easy and accessible by utilizing mutual funds and ETFs managed by our affiliates and other non-affiliates.

Learn More

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