We know how important it is to save for your retirement or your child's education. If you payroll deduct just a small amount each pay period, you can create a substantial nest egg or fund for your child's higher education.
We offer the three common IRA's:
- Traditional IRA
Defers taxes on the earnings until withdrawn; contributions may be tax deductible.
- Roth IRA
Earnings may be tax free if the account is open for 5 tax years & withdrawn for a qualified reason. Contributions are not tax deductible.
- Education IRA
Tax and penalty free withdrawals for qualified expense. Contributions are not tax deductible.
- IRA Share Account -- no minimum balance required.
- IRA Share Certificate -- 18 month term. A minimum deposit of $1000 is required to open a certificate.