IRA (Individual Retirement Account)
Plan now for your future
Whether you are just getting started or have been saving for years, an IRA is an important investment tool. Oftentimes personal savings, private pension plans and Social Security may not be enough to meet your financial needs at retirement. IRA's were established to supplement retirement income so that you can continue to live comfortably and enjoy your retirement.
IRA
Individual Retirement Accounts are more than savings for a rainy day, they're security for retirement with serious tax benefits.
- Minimum deposit of $500 to open account
- Competitive interest rates
- Tax deductible contributions (some limitations apply)
- Direct rollovers and transfers from other IRAs
- Maximum annual contributions may apply
- Free NetTeller Online Banking (requires separate application)
- Annual Statement
Roth IRA's
Save for a tax-free retirement. The Roth IRA is a non-deductible account that features tax-free withdrawals for certain distribution reasons after a five year holding period.
- Minimum deposit of $500 to open account
- Competitive interest rates
- Tax-free withdrawals (limitations apply)
- Direct rollovers and transfers from other IRAs
- Maximum annual contributions may apply
- Free NetTeller Online Banking (requires separate application)
- Annual Statement
Check out these calculators to help you plan: