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IRA Information

Green Century can help you save for retirement without compromising your values. All of the Green Century Funds are fossil fuel free and exclude companies and industries that contradict the mission of our firm and the values of our investors, such as GMOs (genetically modified organisms), nuclear weapons, firearms, and tobacco. Instead, the Green Century Funds invest in solutions-oriented companies with outstanding environmental, social, and governance (ESG) ratings that avoid harming the environment, communities in which they operate, and public health.

There are several different types of IRA accounts:

Traditional IRA

For 2016 and 2017, you may contribute up to $5500 each year into a Green Century Funds Traditional IRA. If you are 50 years old or older, the contribution limit is $6500 for 2016 and 2017. Individuals not covered by a retirement plan at work, and people covered by a retirement plan who meet certain IRS income guidelines may be able to deduct their contributions from their taxable income each year. When you retire, distributions from your IRA are generally taxed as ordinary income.

Roth IRA

For 2016 and 2017, you may contribute up to $5500 each year into a Green Century Funds Roth IRA. If you are 50 years old or older, the contribution limit is $6500 for 2016 and 2017. Roth IRAs differ from Traditional IRAs. With a Roth IRA, you cannot deduct your current year contributions from your taxable income. However, upon retirement, distributions from your Roth IRA are generally not taxed as ordinary income.

IRA Transfers and 401(k) Rollovers*

If you have an IRA account at another financial institution that you would like to transfer to the Green Century Funds or if you have a 401(k) account with a past employer that you would like to rollover into a Green Century Funds IRA, please either:

Request IRA forms to be mailed to you.
Download IRA Registration and Transfer forms.

SEP IRA Account

A Simplified Employee Pension (SEP) plan allows self-employed people and small business owners to establish SEP-IRAs for the business owner and any eligible employees. SEP-IRAs have specific eligibility rules and contribution limits (as described on IRS Form 5305-SEP). Otherwise SEP-IRAs follow the same rules as Traditional IRAs. If you are interested in opening a Green Century Funds SEP-IRA Account, you will also need to complete IRS Form 5305-SEP.

Please call 1-800-93-GREEN or consult a tax professional if you have any questions regarding IRA accounts.