IRAs

We understand the importance of saving early for retirement. That’s why we offer Traditional IRAs and Roth IRAs.

Traditional IRAs

flower-coins
Free Checking  | Deposit Rates
  • You are eligible to contribute if you are under age 70 ½ and earn compensation
    (or file a joint tax return with a spouse who earns compensation)
  • You may qualify for a saver’s tax credit
  • Earnings generated within the IRA are tax-deferred
  • Start with a $25 minimum balance
  • Must have a Share Savings Account to qualify

ROTH IRAs

  • You are eligible to contribute:
    • If you earn compensation
      (or file a joint tax return with a spouse who earns compensation)
    • Your adjusted gross income is less than or within the defined limits
  • You may qualify for a saver’s tax credit
  • Roth IRA contributions are not tax-deductible
  • Start with a $25 minimum balance
  • Must have a Share Savings Account to qualify