Roth IRA

A Roth IRA is a retirement savings vehicle like a 401K or traditional IRA. Roth refers to the legislative sponsor, and IRA stands for individual retirement account. Unlike a traditional IRA, your contributions to a Roth IRA are not tax deductible. However, the beauty of a Roth IRA is that you’re not stuck with a tax bill on your withdrawals. That includes the gains on your investments, as long as you are older than 59 ½ years and the Roth IRA has been opened for at five years. In short, a Roth IRA is a tax-advantaged form of wealth accumulation. First-time home buyers can pull out as much as $10,000 in profits, again without penalties or taxes, as long as the account has been in place for five or more years.

Gleaner Life

Short Company Name:

Gleaner Life

Long Company Name:

Gleaner Life Insurance Company

Gleaner Life Insurance Society is a company that has, since 1894, offered its clients financial advising and planning through the use of life insurance, annuities, IRAs, and other benefits. As a fraternal beneficiary society, Gleaner Life has been owned and governed by its members who are dedicated to making a difference for individuals and the communities in which they live and serve. Products offerings include:

Company Type:

Insurance Company

Web Site:

www.gleanerlife.org

Address

City:

Adrian Michigan

ZIP Code:

49221-7984

Country:

USA

Phone Number:

800-992-1894

Fax Number:

517-265-7745

Year Founded:

1894

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First Investors

Short Company Name:

First Investors

Long Company Name:

First Investors Life Insurance Company

First Investors Company is a diversified financial network that includes an investment management group, a life insurance company, a sales organization, a transfer agent and a bank under one corporate umbrella. All of First Investors' businesses operate under the umbrella of First Investors Consolidated Corporation (FICC). FICC is the parent company of the following subsidiaries: First Investors Corporation, First Investors Management Company, First Investors Life Insurance Company, First Investors Federal Savings Bank and Administrative Data Management Corporation.

Company Type:

Insurance Company

Web Site:

www.firstinvestors.com

Address

City:

New York

State:

ZIP Code:

10005-3830

Country:

USA