Please consult your tax adviser for more information regarding your individual situation. Unlike Traditional IRAs, contributions to a Roth IRA aren’t tax-deductible – however, they do give you the chance to build earnings that are completely tax-free when you withdraw them, as long as they are considered qualified.

Unlike traditional IRAs, you’re not required to take minimum distributions, so you may have more money to transfer to your beneficiaries in the event of your death. Please consult your tax advisor for more information regarding your individual situation.

Converting Your IRA

Converting your IRA may have significant tax consequences. Before you take this step, be sure to consult with a tax professional.

Rolling Over Your IRA

If you are retiring or changing jobs, ask your employer to arrange for a "direct rollover" of your money into a new IRA account with us, and you won’t pay the mandatory 20% withholding tax.

You can also do an IRA-to-IRA rollover. Complete the rollover within 60 days from the date you receive the assets from your old IRA to qualify. Just go to your financial institution and close your IRA, then bring the check to us. The IRS limits the number of these rollovers to one in a 12-month period.

Bank IRAs

  • Offered through American Savings Bank
  • FDIC-insured accounts
  • Fixed CD term or Savings available
  • Available through branches

Brokerage IRAs

  • Offered through American Savings Investment Services
  • May invest in stock, bonds, mutual funds and annuities
  • Tailored to your investment strategy
  • Not FDIC insured



  1. The Roth IRA offers tax deferral on any earnings in the account. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 1/2 or prior to the account being opened for 5 years, whichever is later, may result in a 10% IRS penalty tax. Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.

Securities and insurance products are offered through Cetera Investment Services LLC (doing insurance business in CA as CFG STC Insurance Agency LLC), member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with the financial institution where investments are offered. Advisory services are only offered by Investment Adviser Representatives. Registered address and phone number: American Savings Investment Services, 300 North Beretania Street Honolulu, HI 96817. (808) 735-1717.

Not FDIC Insured
Not Bank Guaranteed
May Lose Value
Not Insured by any Federal Government Agency
Not a Bank Deposit

Click to view Cetera Investment Services Privacy Policy and other Important Information.

This site is published for residents of the United States only. Registered Representatives of Cetera Investment Services LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit the Cetera Investment Services LLC site at

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