Individual Retirement Accounts (IRAs)
Here's an easy way to save today for a fantastic tomorrow!
We can help set up automatic deposits or transfers to many of these accounts, so your savings continue to build effortlessly.
Traditional IRA
- Contributions are tax-deductible
- Earnings grow tax-deferred
- Tax on all contributions and earnings at withdrawal
Roth IRA
- Contributions are not tax-deductible
- Earnings grow tax-deferred
- Tax-free withdrawals on qualified distributions
Visit our IRA Retirement Central site for helpful information, tools and calculators. Our Retirement Income Calculator can give you an idea of how much you'll get in retirement.
| Feature | IRA Passbook Savings | IRA High Yield Savings | EasySave IRA Certificate | IRA Share Certificate |
|---|---|---|---|---|
| Minimum Deposit | $0 | $0 | $1 | $500 |
| Maximum Deposit | $0 | $0 | $6,500 | Unlimited |
| Deposit Timing | Anytime | Anytime | Anytime | Upon Opening |
| Term | Unlimited | Unlimited | 12 Months | 12 to 60 Months |
| Compounding | Quarterly | Monthly | Quarterly | Quarterly |
| APY | .10% | View Rate Tiers | 4.25% | View Rate Tiers |
Please consult your tax advisor regarding you specific tax situation. Must meet IRA eligibility requirements for IRA qualifying contribution amount. APY = Annual Percentage Yield. Penalty may be imposed for early withdrawal on certificates.
