4 Reasons to Invest Your IRA Contributions

If you contribute to an Individual Retirement Account (IRA), you already know it’s a powerful savings resource. Yet, as your financial goals and life stages change, your retirement planning should evolve with them. So what’s next? If you’re interested in achieving long-term growth, exploring your IRA investment choices might be the answer.

Here are four reasons why you may want to invest your IRA savings:

1. Potentially grow at a higher pace that exceeds inflation.

Even if you have a conservative approach to investing, keep in mind that stocks historically have provided higher long-term returns than cash alternatives.* Cash alternatives such as money market accounts may be relatively safe, but they can lose purchasing power by not keeping pace with inflation.

2. Customize your investment needs.

Whether you have some investing experience or are just getting started, an IRA can help you customize your retirement plan based on your timeframe (how long you have to save). The amount you consider keeping in growth-oriented investments also depends on your tolerance for risk.

3. Identify and fill potential gaps.

Shifting some of your assets to investments may bridge income gaps during retirement. Even if you are at or near retirement, keeping some of your IRA money in growth-oriented investments could have the potential to outpace inflation and prevent potential gaps.

4. Gain access to hundreds of products for all levels of risk tolerance.

By investing your IRA savings, you can potentially increase your retirement income by gaining access to a wide range of investment choices.* IRAs can consist of a variety of financial options, including stocks, mutual funds, bonds, annuities, certificates and other investment products. Balancing your risk tolerance and timeframe is important to successful investing.

Article prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018; June 2018

*Investments are not guaranteed and will fluctuate with market conditions, so that upon redemption the investment including the principal value may be more or less than originally invested.

Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.

Ameriprise Financial Services has a partnership with this financial institution to provide financial planning services and solutions to clients. The financial institution is not an investment client of Ameriprise but has a revenue sharing relationship with us that creates a conflict of interest. Details on how we work together can be found on ameriprise.com/sec-disclosure.

This information is being provided only as a general source of information and is not a solicitation to buy or sell any securities, accounts or strategies mentioned. The information is not intended to be used as the sole basis for investment decisions, nor should it be construed as a recommendation or advice designed to meet the particular needs of an individual investor. Please seek the advice of a financial advisor regarding your particular financial situation.

RBFCU Investments Group is a financial advisory practice of Ameriprise Financial Services, LLC.

Ameriprise Financial is not affiliated with the financial institution.

Securities offered by Ameriprise Financial Services, LLC. Member FINRA and SIPC.