Traditional IRAs
A smart way to save for the future. Many people choose traditional IRAs in lieu of or in addition to employer-offered 401(k) plans.
-
Can be opened without any employer participation
-
Contributions and earnings are tax-deferred until retirement
Unlike many employer plans, your money is always accessible.
Until age 59 and-a-half, there will be a 10% early distribution penalty, unless you qualify for an exemption.1
Roth IRAs
Offering a tax-deferred twist to traditional IRA saving, a Roth IRA could be right for you.
-
Your contributions are taxed, meaning your principal is never subject to taxes or penalties in the future.
-
Your money grows tax-deferred
If you do not withdraw any earnings in the first five years, or if you satisfy one of the qualifying events, then your tax-deferred earnings become tax-free!
Advantage IRA Certificates
Smart options for short-term saving.
-
Share club IRA pays a monthly dividend rate
-
Certificate terms available from six to 60 months
A minimum of $1,000 is required to set up a share certificate and $250 for an IRA club.
1 Possible exemptions include disability, qualifying education expenses, unemployment, qualifying first-home purchases, death or receipt of your IRA assets in equal payments over your life expectancy.