Individual Retirement Accounts

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 are tax deductible
• 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 are not tax deductible
• 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