IRA

Why choose us?

Member focused

We operate as a trust which reinvests any profits back into programs that benefit participants. As a member organization, we have only your best interest at heart. Helping you achieve your financial goals is our mission.

Open to family

Family members, like your spouse or domestic partner, children and their spouses, parents, parents-in-law—and in some cases, your grandchildren—are also eligible to open a WEAC IRA account. (Wisconsin residency required.) 

Personal consultations

Our experienced consultants will take the time to help you develop a plan that is right for you. Schedule a personal phone consultation at a time that is convenient for you.

Access 24/7

Access your account information by phone or online at any time.

Low fees

• No-load mutual funds
• No transfer fees
• No surrender penalties or withdrawal charges
• Low annual administrative fee of .45% ($4.50 per $1,000 invested) and annual fee cap of $600 for WEAC members and $750 for nonmembers.*

*Minimum annual fee of $25 for inactive accounts. Inactive accounts are accounts with no contributions within a calendar year.

We have a Guaranteed Investment

The Prudential Guaranteed Investment fills the role of a fixed-income investment in your portfolio. The Guaranteed Investment traditionally offers a very competitive rate of return. The annual rate of return for 2019 is 3.25%.*

Transfers and rollovers

We accept rollovers from a variety of retirement plans including IRAs, 401(k), 457(b), Simple IRA, and SEP IRA. 

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If fees are taking a big bite out of your retirement savings, why not roll over to a low-cost IRA offered by Member Benefits?

**Interest is compounded daily to produce a yield net of Prudential's administrative fee of 0.60%. PRIAC is compensated in connection with this product by deducting an amount for investment expenses and risk from the investment experience of certain assets held in PRIAC's general account. All earnings on investments are credited gross of 403(b) and IRA program fees. The Prudential Guaranteed Investment is a group annuity insurance product issued by Prudential Retirement Insurance and Annuity Company (PRIAC). Amounts contributed to the contract are deposited in PRIAC's general account. Payment obligations and the fulfillment of any guarantees specified in the group annuity contract are insurance claims supported by the full faith and credit of PRIAC. PRIAC periodically resets the interest rate credited on contract balances, subject to a minimum rate specified in the group annuity contract and subject to change. Past interest rates are not indicative of future rates. Participant Level Protections (PLPs) are in place to help preserve the guarantee of the fund. PLPs may limit your ability to withdraw funds from the fund. For more information on the PLPs and how it may affect your account, please reference the Prudential Guaranteed Investment PLP question and answer sheet or by calling Retirement and Investment Services at 1-800-279-4030, Extension 8568.

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  • Retirement account comparison
  • Glossary of financial terms
  • IRA FAQ
  • Beneficiary Change Request
  • IRA Contribution Form
  • IRA Contribution Change (SmartPlan)