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Allianz Global Investors offers a variety of ways to assist in preparing for a rewarding retirement.
Individual
We offer investment opportunities for individuals through:
- Traditional IRA accounts
- Roth IRAs
- IRA rollover accounts
Employers
In the employer-sponsored plan area, we offer investment accounts for participants of:
R Class Shares
Additionally, many mutual funds in the Allianz Global Investors Funds family offer R class shares for investment in employer-sponsored retirement plans, including:
- 401(k) plans
- 457 plans
- 403(b) plan
- Profit sharing and money purchase pension plans
- Defined benefit plans
- Non-qualified deferred compensation plans
For more information
For additional information on retirement plan investing at Allianz Global Investors:
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"Frequently Asked Questions and Answers"
Who is eligible for a Traditional IRA?
What is the maximum that I can contribute to an IRA?
When is the deadline for IRA contributions?
How do I know if my IRA is tax deductible?
What can I do to set-up an IRA with Allianz Global Investors?
Can I transfer an existing IRA to Allianz Global Investors?
What is a Roth IRA?
Who is eligible for a Roth IRA?
Can I convert an existing IRA to a Roth IRA?
What paperwork is needed to convert to a Allianz Global Investors Roth IRA?
What is needed to open a contributory Roth IRA account?
Individual Plans
IRA
Who is eligible for a Traditional IRA?
In order to be eligible for a Traditional IRA one must be under 70 1/2 and have earned income.
What is the maximum that I can contribute to an IRA?
The 2009 maximum annual contribution is $5,000 or 100% of your compensation, if less. If you have attained age 50, the $5,000 amount is increased to $6,000. The 2010 maximum annual contribution is $5,000 or 100% of your compensation, if less. If you have attained age 50, the $5,000 amount is increased to $6,000.
When is the deadline for IRA contributions?
You have until April 15 to make an IRA contribution for the previous tax year.
How do I know if my IRA is tax deductible?
Not all contributions are tax deductible. Deductibility depends on the amount of your adjusted gross income (AGI) and whether you participate in an employer sponsored plan. AGI includes all sources of income, such as wages and interest income, with certain adjustments and deductions, and is determined before taking into account the standard deduction or itemized deductions. Below are some of the guidelines:
2010
Single filer and participant in an employer-sponsored plan with an adjusted gross income for 2010 of:
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Less than $56,000: IRA contribution for 2010 is fully deductible.
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Between $56,000-$66,000: IRA contribution for 2010 is partially deductible (see tax advisor to calculate deduction).
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More than $66,000: IRA contribution for 2010 is not deductible.
Married filing jointly and both spouses participate in an employer sponsored plan and the couple's adjusted gross income for 2010 is:
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Less than $89,000: Both IRA contributions for 2010 are fully deductible.
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Between $89,000-$109,000: IRAs contributions for 2010 are partially deductible (see tax advisor for calculation).
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More than $109,000: IRA contributions for 2010 are nondeductible.
2009
Single filer and participant in an employer-sponsored plan with an adjusted gross income for 2009 of:
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Less than $55,000: IRA contribution for 2009 is fully deductible.
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Between $55,000-$65,000: IRA contribution for 2009 is partially deductible (see tax advisor to calculate deduction).
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More than $65,000: IRA contribution for 2009 is not deductible.
Married filing jointly and both spouses participate in an employer sponsored plan and the couple's adjusted gross income for 2009 is:
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Less than $89,000: Both IRA contributions for 2009 are fully deductible.
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Between $89,000-$109,000: IRAs contributions for 2009 are partially deductible (see tax advisor for calculation).
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More than $109,000: IRA contributions for 2009 are nondeductible.
There are other guidelines for deductibility, for further details please contact your tax advisor.
What can I do to set-up an IRA with Allianz Global Investors?
Simply download the IRA application or call 1-800-426-0107 and request an IRA booklet to be mailed to you. Complete the IRA application to set-up the account and mail the completed forms plus your contribution check to the address indicated.
Allianz Global Investors' IRA program has no set-up fees or annual fees. Please note that the initial minimum investment is $1,000 per fund.
Can I transfer an existing IRA to Allianz Global Investors?
Yes. Simply complete the IRA application to set-up the account at Allianz Global Investors and the Change of Custodian Form to transfer the assets.
Roth IRA
What is a Roth IRA?
The Tax Relief Act of 1997 created Roth IRAs. These are IRAs that, in 2009 and 2010, allow up to a maximum $5,000 ($6,000 if age 50 has been attained) nondeductible contribution for eligible investors. One of the benefits, subject to certain conditions, to a Roth IRA is that, if certain conditions are met, withdrawals will be tax-free pending certain requirements.
Who is eligible for a Roth IRA?
If you have compensation income and if you are single and have AGI (adjusted gross income) below $105,000 (in 2009), $105,000 (in 2010) you are eligible to contribute to a Roth IRA. If you are married filing jointly and have AGI below $166,000 (in 2009), $167,000 (in 2010) you are eligible.
Can I convert an existing IRA to a Roth IRA?
Yes, you may convert a Traditional IRA into a Roth IRA-however, this is a taxable distribution and ordinary income tax will be due at your next tax filing date. If you convert to a Roth IRA in 2010 (and only 2010), you may choose to defer taxes for that year and then spread the taxes you owe on the conversion over a two year period — 2011 and 2012. Please consult with your tax advisor for any tax consequences.
What paperwork is needed to convert to a Allianz Global Investors Roth IRA?
In order to convert a Traditional IRA into a Allianz Global Investors Roth IRA please complete the Allianz Global Investors Roth IRA application and Change of Custodian Form. If your Traditional IRA is already with Allianz Global Investors, simply complete a Roth IRA Conversion Form.
What is needed to open a contributory Roth IRA account?
In order to open a contributory Roth IRA, simply complete the Roth IRA Account Application.
Remember, Allianz Global Investors' Roth IRA program does not have a set-up fee or an annual fee. The initial minimum is $1,000 per fund. See prospectus for details.
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