Roth IRA – Flexible Retirement Savings
What is a Roth IRA? A Roth IRA is a retirement savings account that you set up for yourself, as an individual, rather than one that is set up for you by your employer, e.g., a 401(k) plan. Money contributed must be after-tax dollars. Although there is no tax benefit today, as with a traditional […]
Interest Rate Decrease
Retirement Products: Interest Rate decreases to 3% on January 30, 2021. 3.00% Interest Rate starts February 1, 2021 for Providence Association Retirement Products, which include Annuities, IRA and Roth IRA Annuities. Due to the tremendous support of all of our members and the Ukrainian community, for over three years, we were able to pay a three […]