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95彩票网址When you contribute to a State Farm® Individual 95彩票网址 Account, your money grows tax deferred. This gives your retirement savings the potential to grow faster than if in a taxable account. Plus, you may contribute to a State Farm Individual 95彩票网址 Account even if you participate in a retirement program at work.*
95彩票网址 Mutual Funds Risk Disclosures
A 10% tax penalty may apply for withdrawals from tax-qualified products before age 59½.
*For Traditional 95彩票网址, deductibility of contributions affected by participation in Employer retirement plan. Roth IRA has income phase out limits.
When rolling over a 401 (k) into an IRA it's important to do a full comparison on the differences in the guarantees and protections offered by each respective type of account as well as the differences in liquidity/loans, types of investments, fees, and any potential penalties.
Neither State Farm® nor its agents provide tax or legal advice.
Securities distributed by State Farm®95彩票网址 VP Management Corp.
State Farm VP Management Corp. is a separate entity from those State Farm® entities which provide banking and insurance products.
95彩票网址 This bonus offer is valid for any eligible new or existing State Farm Roth IRA or Traditional IRA brokerage account for deposits made from December 1, 2019 through June 30, 2020, and funded with at least the required minimum net deposits within ninety (90) days from the date of the first qualifying rollover or transfer deposit received by State Farm. The eligible Funds must come from sources external to State Farm, and all cash from external sources will be valued as of the date received by State Farm. If net deposits from external sources less assets withdrawn or transferred out of the Account equal to at least the minimum required amounts (minus trading losses) do not remain in the account for at least one year after the date of the first qualifying transaction, then State Farm may, in its sole discretion, charge the amount of the bonus back to the Registered Account. The bonus will be applied to the cash position in the qualifying brokerage account. You can then work with your agent to purchase shares of the available funds. Purchase minimums, sales charges and other account-related fees may apply.
State Farm Bank®, F.S.B., Bloomington, Illinois ("Bank") is a Member FDIC and Equal Housing Lender. NMLS ID 139716. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and may be subject to investment risk, including possible loss of principal invested. The Bank encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting statefarm.com® or by contacting the Bank at 877-SF4-BANK (877-734-2265); If you are deaf, hard of hearing, or do not use your voice to communicate, you may contact us via 711 or other relay services. To apply for a Bank product, you may also see your participating State Farm agent.