Individual Retirement Accounts (IRA)

Save for retirement the tax-advantaged way.

Finance your future with an IRA while deferring taxes. With fixed-term options from 18 months to 5 years and a floating-term option for 18 months, you have the power to control how much your money grows.

  • $100 minimum deposit
  • 18 month fixed or floating term to 5 years
  • FDIC insured

 

See Interest Rates

Individual Retirement Accounts

Roth IRA vs. Traditional IRA

Here are the differences you need to know to make the right decision for your future: 

Roth IRA
 • Contribute after-tax dollars
• Contributions grow tax-free
• No current year tax benefits
• Penalty- and tax-free withdrawals after 5 years and age 59

Traditional IRA
 • Contribute pre- or after- tax dollars
• Contributions grow tax-deferred
• Gives immediate tax benefits
• Penalty-free withdrawals taxed as income after age 59


Discover which IRA may be best suited for you:

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