Traditional IRA

Save for tomorrow—and today. A traditional IRA retirement plan saves you money now by helping you pay fewer taxes on your earnings. The money you put in is pre-taxed, allowing you to claim your yearly contribution (up to a certain amount) as a tax-deduction at the end of the year, saving you money today—and for tomorrow.

Details

• A great way to start or sustain your retirement savings
• Available to any individual with earned income
• FDIC Insured (within guidelines)
• Your earnings grow tax-deferred and, if eligible, the money you put in may be tax-deferred*  
• Contribute up to the lesser of 100% of compensation or $6,000 if you are under age 50 or $7,000 if you are age 50 or older
• You can rollover your 401(k) or employee-sponsored retirement plan to consolidate your retirement funds
• Flexible terms from 3 months to 60 months  

Rates Disclosure

*Consult your tax advisor for more information.