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Have questions about recent mailings?

To simplify the process for our current customers we will begin handling annual IRA fees differently beginning 9/30/20. Click here to view the notice.

Please contact your State Farm agent with questions.

Tax-Advantaged Savings with an Individual Retirement Account (IRA)

Plan your future with an Individual Retirement Account (IRA)

When you contribute to a State Farm® Individual Retirement 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 Retirement Account even if you participate in a retirement program at work.*

Mutual Funds Risk Disclosures

A 10% tax penalty may apply for withdrawals from tax-qualified products before age 59½.

*For Traditional IRAs, deductibility of contributions affected by participation in Employer retirement plan. Roth IRA has income phase out limits.

Prior to rolling over assets from an employer-sponsored retirement plan into an IRA, it's important that customers understand their options and 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® VP Management Corp.

Securities are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.

State Farm VP Management Corp. is a separate entity from those State Farm® and/or unaffiliated entities which provide banking and insurance products.

AP2021/11/1601