Fifth Third Bank

Fifth Third Securities - Individual Retirement Accounts (IRA’s)

You deserve to enjoy your retirement

While we all have our own personal paths to retirement, a common reality is that most people are responsible for accumulating their own retirement savings. That’s why planning is important. No matter where you are along your path, an experienced Fifth Third Securities Investment Professional can help guide your retirement investment strategy for your personal retirement planning needs.

Start off strong

Obviously you need to balance how much you can put away for retirement versus your current financial needs. But a little discipline today along with your retirement investment strategies can have a significant impact on how much you will have when it is time to retire. The sooner you begin putting money aside for retirement, the longer your savings may grow, and grow.

If you would like a quick check on how you are doing, you can use Fifth Third's Retirement Planning Calculator, which provides answers to your questions about retirement planning, such as:

  • Am I saving enough?
  • How much can I contribute to my retirement plan each year?
  • Should I convert my IRA into a Roth IRA?

Stay focused on your long-term goal

Have you already started saving for retirement? Are you investing in the best types of retirement plans for you and making the most of your 401(k) plan at work? Even if you think you are doing everything right, life rarely goes the way we planned and circumstances may change. That’s why it’s best to make sure you are still on track. An Investment Professional at Fifth Third Securities can assist you by helping to determine whether your asset allocation++ strategy is still appropriate for your current situation, as well as recommending types of retirement plans that may be suitable for you.

How much will you need?

Do you know what you’d like to do when you retire? Where will that money come from to do it? There are a lot of questions to be answered if you want to meet your needs. We will help you sort through issues like inflation, life expectancy, and the potential need for long-term care+ that may affect how long your savings will last. In addition, an Investment Professional at Fifth Third Securities can assist you by helping to determine whether your asset allocation++ strategy is still appropriate for your current situation.

How long will it last?

For many retirees, one of the most pressing concerns is whether or not they will outlive their savings. There are many factors that affect how long your savings will last, such as:

  • Inflation: The consumer price index keeps going up, that means purchasing power goes down
  • Asset Allocation++: Do you want a plan that offers a possible greater return or prefer minimum risk
  • Withdrawal Strategy: The number of years your retirement savings will last depends on how much you take out each year
  • Longevity: The average person's life expectancy has continued to rise, which means a longer retirement and more money needed

An Investment Professional at Fifth Third Securities can help you calculate the money needed for retirement and recommend an investment and withdrawal strategy to help make your money last.

Compare IRA Options

Roth IRAs

Enjoy a personal retirement account with the potential for tax-free+++ growth.

Roth IRAs

Enjoy a personal retirement account with the potential for tax-free+++ growth.

Benefits Include:

  • Get started with as little as $500
  • Earnings may grow tax-free+++
  • Qualified distributions are tax-free+++

Traditional IRAs

Watch your money grow on a tax-deferred+++ basis.

Traditional IRAs

Watch your money grow on a tax-deferred+++ basis.

Benefits Include:

  • Get started with as little as $500
  • Contributions may be tax-deductible+++
  • Earnings are not taxed+++ until you withdraw the funds

IRA Rollover

Keep your previous employee plan working for you.

IRA Rollover

Keep your previous employee plan working for you.

Benefits Include:

  • Hold funds rolled from an employer plan
  • Earnings may grow tax-deferred+++
  • May be able to roll funds into another employer plan