A financially secure retirement starts with smart planning. An Individual Retirement Account (IRA) helps you invest in your future while offering potential tax advantages. Whether you're just getting started or looking to maximize your retirement savings, we offer a range of IRA options to fit your needs.
Our IRA Options:
- Traditional IRA – Funded with pretax dollars until you withdraw from the account.
- Roth IRA – Tax-free withdrawals in retirement
- Simplified Employee Pension (SEP) IRA – Designed for self-employed individuals and small business owners. SEP accounts follow the same taxation rules as Traditional IRAs regarding withdrawals.
- Education IRA – A way to save for future education expenses such as books and tuition. A parent or guardian can make non-deductible contributions (similar to Roth IRAs) for a child under the age of 18. These accounts are tax-advantaged, meaning you may withdraw funds without taxation when needed for educational purposes. Although they work similarly to retirement accounts, Education IRAs are not meant for retirement savings.
| Term | Minimum To Open | Interest Rate |
|---|---|---|
| 30 to 89 Days | $100,000 | Call your local branch |
| 3 to 60 Months | $500 | Call your local branch |
Building a solid retirement plan is one of the most important financial decisions you can make. Our team is here to help you navigate your options and find the best solution for your future.
Take the next step in securing your retirement. Visit your local branch to get started.
