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Traditional IRA

Key Features and Benefits:

Take advantage of tax-deferred earnings and possible yearly deductions. If eligible, your contributions may be tax-deductible and you don't pay taxes on the account's earnings until you withdraw them. Invest in your future and your peace of mind with a retirement account.

 

Please consult your tax advisor. Account subject to IRS rules governing IRAs.

 

     

Interest:

 

Eligibility to Contribute:

You can contribute up to the year you turn 70 and half years as long as you have earned income

   

Contribution Limits:

  • 100% of compensation, or
  • $5,000-younger than age 50, or
  • $6,000-age 50 and over

.

Minimum Deposit to Open:

$500  
   

 

 

 

Roth IRA

Key Features and Benefits:

Take advantage of potential tax-exempt treatment of withdrawals. If eligible, your contributions are made in after-tax dollars but earnings on qualified withdrawals are free from federal taxes. Invest in your future and your peace of mind with a retirement account.

 

Please consult your tax advisor. Account subject to IRS rules governing IRAs.

 

     

Interest:

 

Eligibility to Contribute:

You can contribute up to the year you turn 70 and half years as long as you have earned income

   

Contribution Limits:

  • 100% of compensation, or
  • $5,000-younger than age 50, or
  • $6,000-age 50 and over

.

Minimum Deposit to Open:

  • $500
 
   

 

 

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