INDIVIDUAL RETIREMENT ACCOUNTS

Whatever your plans are for retirement, it’s never too early to have a savings strategy in place. An Individual Retirement Account (IRA) is a convenient, cost-effective way to achieve your goals, offering flexibility and tax advantages you can’t get anywhere else. Regardless of which plan you choose, you can expect competitive returns, convenient accessibility, and peace of mind that your future is in good hands.

We have several types of IRAs so you can choose the one that fits your retirement strategy.

Traditional IRA

• Contributions may be tax deductible

• Deposits grow tax-deferred until withdrawn

• Withdrawals are taxed as income

• Required minimum distribution starts at age 73

Roth IRA

• Deposits grow tax-free

• Tax-free qualified withdrawals

• Most withdrawals before age 59 ½ result in IRS penalties

• Not required to withdraw funds at a certain age

IRA Certificate

• Commit your IRA account for 30 months to earn a competitive market rate  

• Open an IRA Certificate with as little as $2000

• Open multiple IRA Certificates to stagger their maturity dates