Roth IRAs

Tax-free Earnings

Roth IRAs offer an attractive alternative for retirement investors. Contributions to a Roth are NOT deductible; however, your earnings are tax-free. So, with a Roth IRA, you forgo current tax deductions to provide yourself with a tax-free income in retirement.

Investors may contribute to both Traditional and Roth IRAs; however, the total contribution amount for both accounts combined cannot exceed the maximum annual contribution limit.

Withdrawals

Roth IRAs give you greater access to your investments. Withdrawals are tax- and penalty-free if the account has been in existence for at least five years, and:

• You are age 59½ or older, or
• You use the money to purchase a first home, or
• You use the money to pay for higher education expenses

There are additional circumstances in which funds from a Roth IRA can be withdrawn without penalty, even if the account has been in existence for less than five years, including death, disability, medical expenses, or a series of substantially equal periodic payments.

Investing in an Armada No Annual Fee IRA is easy. You can order an IRA kit, download a Roth IRA Application and return it to us, or you can invest online, right now.

Conversion to a Roth IRA

If you’re eligible for a Roth IRA, and decide that one would be suitable for you, you can convert your Traditional IRA into a Roth IRA. The Roth IRA provides you with tax-free earnings and tax-free withdrawals. In addition, after a five-year holding period, if you are age 59½ or older, you can take money out of your Roth IRA without income tax or tax penalty. However, if you convert your employer-sponsored plan into a Roth IRA, you will owe current income taxes on the amount of the rollover. Use our Roth IRA Educators to help determine whether this is a good alternative for you. You may also want to consult your tax adviser before making this decision.

If you have already received a payout from an IRA or employer-sponsored retirement plan, you can roll those assets into a Rollover IRA within 60 days and avoid the IRS’ 10% early withdrawal penalty.

Investing in an Armada No Annual Fee IRA is easy. You can order an IRA kit, download a Roth IRA Application and return it to us, or you can invest online, right now.

NOT FDIC INSURED · NO BANK GUARANTEE · MAY LOSE VALUE

You should consider the investment objectives, risks, charges and expenses of the Armada Funds carefully before investing. A prospectus may be downloaded and viewed with this and other information about the Funds or may be obtained by contacting an investment professional or by calling 1-800-622-FUND (3863.) Please read it carefully before you invest or send money.

National City Investment Management Company (IMC) serves as investment adviser to Armada Funds for which it receives an investment advisory fee. Shares of Armada Funds are distributed by Professional Funds Distributor, LLC (PFD), 760 Moore Road, King of Prussia, PA 19406. PFD is not affiliated with IMC and is not a bank.