Traditional IRA

A customized IRA can help you reach your retirement goals.You can contribute up to $5,500 (for 2014) 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 $6,500 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  • Contributions can always be withdrawn tax-free

  • Earnings may be withdrawn tax-free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