Individual Retirement Accounts

Individual Retirement Accounts

The best time to think about the future is now. Start saving for your future with our Individual Retirement Accounts.


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Summary
  • Start saving for retirement today
  • Enjoy tax-advantaged savings*
  • Competitive, tiered rates
  • No setup fees
  • No annual service fees
  • Roth and traditional options available
  • Contribute up to $5,500 per year**
  • Additional $1,000 catch-up contribution for customers age 50 and better**
  • Early withdrawal penalties may apply
  • FDIC insured up to $250,000

Tiers:

  • $1,000 - $4,999.99
  • $5,000 - $19,999.99
  • $20,000 - $49,999.99
  • $50,000 - $99,999.99
  • $100,000 - $499,999.99
  • $500,000 +

*Consult a tax advisor.

**As of tax year 2014.

Roth vs. Traditional

There are two types of IRA accounts that you may open, depending on your needs.

A Roth IRA uses already taxed dollars and grows tax-free, so withdrawals are tax-free for qualified withdrawals.*

A traditional IRA grows tax-deferred, with contributions that may be tax-deductible.*

Contact us today to discuss which IRA option may be right for you.


*Consult a tax advisor.