This tool is provided by Regions Bank for educational and general marketing purposes only and should not be construed as a recommendation or suggestion as to the advisability of acquiring, holding or disposing of a particular investment, nor should it be construed as a suggestion or indication that the particular investment or investment course of action described herein is appropriate for any specific retirement investor. In providing this communication, Regions Bank is not undertaking to provide impartial investment advice or to give advice in a fiduciary capacity.
This information is general in nature, is provided for educational purposes only, and should not be relied on or interpreted as accounting, financial planning, investment, legal or tax advice. Regions neither endorses nor guarantees this information, and encourages you to consult a professional for advice applicable to your specific situation.
Regions Investment Solutions is a marketing name of Cetera Investment Services. Securities and insurance products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers, LLC. Neither Cetera Investment Services nor Cetera Investment Advisers is an affiliate of Regions Bank or its related companies. Regions Investment Solutions, 250 Riverchase Parkway East, Hoover, Al 35244.
*Investment, Annuity and Insurance Products
Are Not FDIC Insured
Are Not Bank Guaranteed
May Lose Value
Are Not Deposits
Are Not Insured by Any Federal Government Agency
Are Not a Condition of Any Banking Activity
Withdrawals from IRAs before age 59 1/2 may be subject to a 10% federal additional tax and possible state tax. In addition, withdrawals from CD IRAs before the maturity date may also be subject to bank early withdrawal penalties. Fees could reduce earnings on the account. You may contribute simultaneously to a Traditional IRA and a Roth IRA (subject to eligibility) as long as the total contributed to all IRAs (Traditional and Roth) equals no more than $5,500 for tax year 2016. An individual who is 50 years of age or older by the end of the year can contribute the Maximum ($5,500) plus the Catch up ($1,000) for a total of $6,500 per year (for 2016).
All loans are subject to terms and conditions, fees, documentation requirements, and credit approval.