RETIREMENT/IRAs

Federal regulations require substantial penalty for early withdrawal. Inquire at one of our branches for terms and annual percentage yields.

Traditional IRAs
Allows you to save for retirement at a fixed rate of interest. Taxes on interest earned are deferred until disbursement and deposits are made pre-tax.

Roth and Educational IRAs
No taxes paid on disbursements after 5 years or if Federal guidelines are met. Deposits are made after-tax.

Consult an accountant regarding tax benefits.




 
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