Traditional IRA
Does worrying about your financial position at retirement give you even more gray hairs? Don't let the stress of planning ahead bring you down—our investment advisers can help you set up a traditional IRA that offers a solid rate of return and tax deductible contributions too!
You can get started with as little as $100. Contribute regularly and when the time comes to retire, you'll be ready to enjoy those golden years the way you always dreamed.
- Summary
- Save money for retirement
- Available to anyone age 18 to 70½
- Deposits and earnings are tax deferred
- Contributions are tax deductible*
- Interest paid semi-annually
- No annual maintenance fees
- $5,000 contribution limit per year
- $1,000 "catch-up" contribution for age 50 and up
- Withdrawals can begin at age 59½
- Early withdrawals subject to penalty**
- Mandatory withdrawals at age 70½
- FDIC insured
- $100 deposit to open
Take a look at our current rates here.
*Consult a tax advisor.
**Certain exceptions apply, such as healthcare, purchasing first home, etc.
