Traditional IRA

A customized IRA can help you reach your retirement goals.You can contribute up to $5,000 (for 2011 and 2012) to an IRA each year, provided you earn at least that amount in compensation. If you are age 50 and older, you can make an additional $1,000 catch-up contribution, for a total of $6,000 per year.

  • Investment growth is tax-deferred and taxed only upon withdrawal

  • Contributions may be tax-deductible if you have an employer retirement plan

  • Our floating IRA has no maturity date

  • Schedule regular direct deposits to maximize your participation


ROTH IRA

If you earn income, you can open and contribute to a ROTH IRA. Unlike traditional IRAs, you’re not required to take minimum distributions after age 70 1/2.

  • Contributions can always be withdrawn tax-free

  • Earnings may be withdrawn tax-free

  • Contributions are not tax-deductible

  • Schedule regular direct deposits to maximize your participation


Coverdell Education Savings Account

You can contribute up to $2,000 per beneficiary for higher education and qualified elementary and secondary school expenses.

  • Investment earnings are tax-free

  • Contributions are not tax-deductible