The risk-free secure savings option that helps you to invest in your future.
- Low minimum deposit requirements
- Rollovers and transfers are welcome
- Flexible interest payment options
- Convenient automatic renewal & required minimum distribution notices
- Beneficiaries are named for peace of mind
- Traditional or Roth IRA available
Traditional IRA
- Contributions may be tax-deductible 1
- Earnings grow tax-deferred
- Distributions are taxable, but penalty-free after the age of 59 ½
- Holders must take distributions after the age of 72
Roth IRA
- Contributions may not be tax-deductible 2
- Earnings grow tax-free
- Distributions are tax-free after the age of 59 ½ and an investment period of at least 5 years
- No required minimum distributions
1 Traditional IRA tax-deductible contributions may be limited. Consult your tax advisor for more information.
2 Consult your tax advisor for more information.
