5 Reasons to Invest in Annuities and IRAs

5 Reasons to Invest in Annuities and IRAs

Providence Association Maintains a Good Annuity IRA and Roth IRA Rate - 3%

The Providence Association will ensure every investment counts. There are plenty of good reasons to invest in annuities and IRAs, but here are the top five. Let’s start with interest rates and a 3% guaranteed minimum is one of the most attractive in the market.

 

  1. 3.25% Tax Deferred or Tax-Exempt Interest Rate (Yes, 3.25%): Our 3.25% Guaranteed Minimum Interest Rate is one of the most attractive in the market. Most tax-payers would have to find a certificate with a taxable interest rate (depending on your tax bracket) of between 4.00% and 5.00% to match the current growth of a Providence tax-deferred or tax-free savings product
  2. Enjoy “Triple Compounding”: (1) Earn interest on invested principal; (2) Earn interest on interest; and (3) Earn interest on the money that you would otherwise be paying in income taxes.
  3. Automatic Interest Rate Increases: The interest rate on Providence certificates, IRAs and Roth IRAs has the capacity to increase in response to future market interest rate increases.
  4. No Teaser Interest Rates: You will not get a good rate for a year or two and then be subject to minimum rates as low as 1% or 2%.
  5. No loads, maintenance or administrative fees: Every penny works for you.

NOT SATISFIED WITH YOUR CURRENT ANNUITY OR IRA?

Tax-Free Transfers from existing IRAs, Roth IRAs & Annuities may be arranged by Providence, if beneficial to you!

 

ROLLOVERS & TRANSFERS

401(k), government, nonprofit and all other pension plan and annuity rollovers and transfers professionally arranged with no tax consequences.

 

Thank you for your patronage!

Eugene A. Luciw

Director, Insurance Planning and Savings & Retirement Accounts

eluciw@provassn.com ~ (215) 627-2445 (EXT. 211)

Toll Free: 1-877-857-2284 (ext. 211)

News

29
Sep

Check your mailbox for your Providence Association Election Ballot!

Providence Association of Ukrainian Catholics in America Election Ballots are being delivered to all eligible members by US Mail!

08
Aug

Welcome Very Rev. Andriy Rabiy! Вітаємо всечеснішого отця Андрія Рабія!

The Providence Association joins the Ukrainian Catholic Archeparchy of Philadelphia in welcoming the appointment of Very Reverend Andriy Rabiy as Auxiliary Bishop of the Ukrainian Catholic Archeparchy of Philadelphia. Welcome and “Многая Літа”! https://www.facebook.com/permalink.php?story_fbid=1441761342543928&id=197564070297001

03
Jul

Excerpt from Providence Association Bylaws Regarding Elections

Attached below are sections of the Providence Association Bylaws regarding Elections. ELECTION OF THE GENERAL ASSEMBLY   Every qualified member of “The Providence” who is a practicing Catholic, of upright character, between the ages of 21 and 70, a member …

01
Jul

Providence Association Election Committee verifies candidates

Report of the Election Commission of the Providence Association of the Ukrainian Catholic in America. TERM  2018-2022