Take control of your retirement
Maximize your retirement savings with free IRAs. Pick your own stocks and funds, choose from dozens of professional portfolios, or combine the two to fit your unique financial goals and risk tolerance. With fractional shares and automatic dividend reinvestment, you can rest easy knowing you’re always fully invested. Plus, with no commissions or management fees, you never have to worry about hidden fees eating into your returns again.
Roth IRA
A Roth IRA can be a powerful way to save for retirement since potential earnings grow tax-free. Additionally, you don't have to pay taxes when you make qualified withdrawals
With Fidelity, you have a broad range of investment options, including options to have us manage your money for you. You'll get exceptional service as well as planning and guidance support.
Silver Roth RIA |
Gold Roth RIA |
VIP Roth RIA |
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|---|---|---|---|
Investment management |
You are responsible for choosing and managing your investments |
We choose and manage your investments using your goals and risk tolerance in this digital account |
We choose and manage your investments using your goals and risk tolerance in this digital accounts |
Planning & guidance |
Access to robust planning tools, and support from a Fidelity representative as needed |
Access to robust planning tools, and support from a Fidelity advisor as needed |
Access to robust planning tools plus 1-on-1 coaching from a dedicated team of Fidelity advisors3 on a variety of financial topics |
Minimums |
$10,000 investment minimum across Personalized Planning & Advice accounts |
$100,000 investment minimum across Personalized Planning & Advice accounts |
$500,000 investment minimum across Personalized Planning & Advice accounts |
Fees |
No account4 or advisory fees with this type of retail account |
0.50%/yr advisory fee |
0.50%/yr advisory fee |
Support |
Thought leadership, research, 24/7 customer service |
Thought leadership, research, 24/7 customer service |
Thought leadership, research, 24/7 customer service |
Why set up an IRA or Roth IRA with Union Finance Investment?
1.
Simple
Forget about piles of paperwork. UFI makes investing in your future seamless.
2.
No fees
Say goodbye to confusing costs and hidden fees. UFI offers no-fee IRAs.
3.
Control
With a UFI IRA, you can truly personalize your portfolio with a custom solution for your future.
Financial guidance for retirees
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Choose program withdrawal at retirement
Programmed Withdrawal is a product offered by the Pension Fund Administrators for periodic payments (monthly/quarterly) to a retiree. It is a structured periodic payment based on the peculiarities of the retiree, the Retirement Savings Account balance is spread over the expected life span of the retiree while the funds remain in the custody and are managed by the Pension Fund Administrator. The benefits of programmed withdrawal over annuity include:
- Programmed Withdrawal serves as social security for retirees while annuity does not qualify as social security.
- Retirement benefits is in individual RSA account while Retirement benefits under annuity is in a pool of fund.
- Retiree monthly pension is reviewed for enhancement from time to time under programmed withdrawal by the National Pension Commission, under annuity there is usually no incremental review of payment assured for life.
- The investment income earned per contributor is credited into the RSA balance of the retiree while the profit on annuity fund belongs to the insurance company.
- Annuity is guaranteed for only 10 years. If the Retiree dies after the guarantee period, beneficiaries are not entitled to the deceased balance in the Annuity pool. However, Programmed Withdrawal benefits the retirees as well as the next of kin, because the outstanding account The historical volatility and downside risk of each investment balance will be paid to the beneficiary upon retiree’s death
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Create a realistic budget
Most retirees will be on a fixed income, so it is important that an expense budget is created based on fixed income.
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Evaluate your healthcare
Your choice of the right health management plan is extremely important. Consider discussing your options with an expert who can help navigate through these issues to make the appropriate choice. Routine medical check-ups with health provider is also vital.
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Pay off debt
If possible, pay off all debts and do not create new ones. Bearing in mind that most people will be on a fixed income monthly
Don't spend the lump sum at retirement on having fun
Most people collect their lump sum at retirement to have fun. Perhaps to travel or buy a boat. After all, as you get older, you may be inclined to stay at home and won’t get a chance to spend the money on something fun. But the question is “what if you live to age 90?” You need to keep some resources in reserve so you don’t become a burden to your family.
Our Retirement Plans
Silver
10,000 - 99,999
- 6% Weekly ROI
- Contract - 12 Months
- 85 - 857 Daily
- 600 - 6,000 Weekly
- 2,571 - 25,714 Monthly
Gold
100,000 - 499,999
- 5% Weekly ROI
- Contract - 6 Months
- 714 - 3,517 Daily
- 5,000 - 25,000 Weekly
- 21,428 - 107,142 Monthly
VIP
500,000 & Above
- 5% Weekly ROI
- Contract - 6 Months
- 3,571 & Above Daily
- 25,000 & Above Weekly
- 107,142 & Above Monthly