Who’s It For?
These accounts are for people under the age of 70½ who want to build their retirement nest eggs with accounts that are protected by FDIC insurance. This personal retirement savings plan is available to anyone who receives taxable compensation during the year.

Tax Treatment
For those who meet certain qualifications, annual IRA contributions can be deducted from taxable income, reducing current taxes. Choose a Traditional IRA if you need that tax deduction right now, or if you anticipate paying taxes at a significantly lower rate in retirement.

Please Note
Certain restrictions apply. Not all taxpayers are eligible. Maximum contributions are affected by your income, marital, and tax filing status. Please consult your tax advisor. Programs are subject to change without notice.

Who’s It For?
These accounts are for people of any age who want to build their retirement savings with an account that is protected by FDIC insurance, but think they might need to make withdrawals before they’re 59½. This personal retirement savings plan is available to anyone who receives taxable compensation during the year.

Tax Treatment
Contributions to the account are not deductible and interest earned on the account is taxable, but you are allowed to withdraw your contributions at any time, penalty and tax-free as long as you hold the investment for at least 5 years and have reached the age of 59½. You are not required to take mandatory distributions at age 70½. Choose a Roth IRA if you opt to pay taxes now on your contributions so you can enjoy the luxury of tax free income in the future.

Please Note
Certain restrictions apply. Not all taxpayers are eligible. Maximum contributions are affected by your income, marital, and tax filing status. Please consult your tax advisor. Programs are subject to change without notice.