Flex Fixes Everything. Introducing the FlexIRA™.
To create a lasting legacy, you may need more than an IRA and a simple will. Members Trust Company has been at the forefront of Trusteed IRA solutions, designed to combine the tax benefits of an IRA account with the flexibility and control of a trust to enhance control over how retirement assets are passed on to loved ones.
In the past, a named IRA beneficiary had an unrestricted right to withdraw any and all funds from an IRA, unless a special trust had been drafted to serve as the beneficiary of the retirement account. Now, thanks to our FlexIRA, you can control the timing and the amounts of distributions from your IRA accounts for up to ten years for non-spouse beneficiaries and for the life of your surviving spouse – all through a single account that combines an IRA and a trust.
By opening a FlexIRA with Members Trust Company, you can provide protection for your beneficiaries, avoid guardianship and probate proceedings, incorporate your IRAs into a comprehensive estate plan and ensure your IRA assets are professionally managed and invested by a team who not only holds the highest industry designations like CFA® and CFP® , but also possess years of experience.