Our IRA Savings help you save strategically for retirement. There are advantages to both Traditional and Roth IRAs. One of the biggest differences is the time at which you see the most advantage. A Traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.
Click here to view our current rates.
Choose the Roth or Traditional IRA that works best for you.
| Roth IRA | Traditional IRA | |
|---|---|---|
| Set Up Fees | N/A | N/A |
| Income Limit | N/A | Yes |
| Contributions are Tax Deductible | N/A | Yes |
| Earnings | Earnings are 100% tax free at withdrawal | Earnings are tax deferred until withdrawal |
| Beginning Age for Withdrawal | 59½ (on interest) | 59½ |
| Monthly Maintenance Fee | $0 | $0 |