Individual Retirement Account (IRA)
Save for retirement with an Individual Retirement Account (IRA). We offer Traditional, Roth, SEP, and Simple Plans, and all allow you to invest
in CDs. IRA contribution limits are determined by income and coverage by other retirement plans.
- Depending on income, traditional IRA contributions may be tax-deductible
- IRS determines contribution limits, so contact us for current limits
- Distributions from traditional and SEP IRAs must start by April 1, the year after reaching age 72
- Penalties for withdrawals before age 59 may apply