Allow you to defer taxes on the earnings on your contributions until they are withdrawn. Also, certain contributions are tax-deductible in the tax year for which they are made. ¹
Allows only non-deductible contributions and features tax-free withdrawals for certain distribution reasons after a five-year holding period. Qualified distributions of earnings from a ROTH IRA are not subject to federal income taxes. We offer various terms for traditional or ROTH IRAs.¹
All IRAs have a required minimum opening deposit of $2,500 and must be opened as a CD.
Consult your tax advisor about deductibility of contributions and other tax benefits of IRAs.
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