Individual Retirement Accounts
We offer both Traditional and Roth IRA options. These Individual Retirement Accounts (IRAs) offer unique tax and income advantages for your retirement nest egg. IRAs can be opened using any length-of-term certificate of deposit you choose.
Interest earnings on this account are tax-deferred and contributions may reduce your tax liability.* Anyone with income is eligible to contribute (up to age 70 ½). And with expanded options for penalty-free distributions a traditional IRA offers additional flexibility.
Although contributions to a Roth IRA are not tax-deductible, there is no taxation on interest earnings at maturity. There is no age limit on contributions and distributions are not required at age 70 ½. Put your retirement savings first with this account.
Additional non-insured retirement planning options are available through our Wealth Management Group.
* Consult with a tax advisor for deductibility information.