SMA Services

IRA

Want to generate tax deferred, guaranteed savings at a great rate with liquidity?

No matter where you are in your life, things can change. It’s always important to save money. The trick is being able to earn interest on your savings, and have easy access to cash without having to pay steep penalties to get it when you need it. 

To balance this situation, SMA Services offers a unique group IRA product for individuals that is available with a guaranteed, fixed rate of return.  Individuals can transfer balances from eligible qualified retirement plan accounts like IRA’s, 401k’s, Simple plans, etc. or deposit new contributions if starting an individual retirement account.

1.5% First year interest guarantee for deposits is 1.5% through March 21, 2021.

Current quarter renewal rate for April 1, 2020 is 2.72%

Features

  • Guaranteed fixed interest rates;
  • Liquidity and flexible deposits and transfers;
  • Ameritas life insurance as partner.

Benefits

  • Shelters account from stock market volatility;
  • Can transfer balances without restrictions or surrender charges;
  • (A+) rated company founded in 1887 backing the fixed account.
Posted in: Retirement2 Member Benefits36