Individual Retirement Accounts (IRAs)
Don't let the word "retirement" make you think you should put an IRA off until later. It's designed to prepare for your retirement by funding it now.
The tax advantages add more incentive to utilize this tremendous savings vehicle. With no setup or maintenance fees, and only a $500 deposit to open ... we make it easy for anyone to get started!
Details
- Competitive interest above standard savings rates
- No setup fees
- No monthly or annual maintenance fees
- IRS regulations govern annual contribution limit
- Additional $1,000 "catch-up" contribution allowed for ages 50+
- Funds are used to purchase 18 month CDs within an IRA
- $500 minimum deposit to open
*Consult a tax advisor.