If you find that you don’t currently need to use your required minimum distribution from a Traditional IRA, SIMPLE IRA, or SEP IRA and are wondering what to do with it, consider placing all or some of it into a Personal Investment Account (PIA) with Member Benefits.
The PIA is an option for investing your money outside of a retirement account. There are several tax benefits to this type of investment compared to a savings, checking, or certificate of deposit account. And, there is just one low maintenance fee of 0.35% annually on the balance of your account. There are no broker’s commissions, management fees, or confusing annuity riders—just the one fee. (Mutual fund operating expenses will still apply.)
Visit weabenefits.com/pia or call 1-800-279-4030 for more information about this investment opportunity.