IRA

Traditional IRA—contributions may be fully tax deductible for up to $5,500 per year. Contribute an additional $6,500 total if you are age 50 or better.  After age 59 ½ withdraw funds without an IRA premature penalty. ROTH IRA—Allows earning to grow tax-exempt. Contribute up to $5,500 per year or an additional $6,500 total if you are age 50 or better.  Deposits can be withdrawn at any time without tax or IRS penalty.  Ask about income requirements.  No age requirements. 

IRA Savings
  • Up to $3,999
  • IRA Premium Savings, minimum $4,000 balance
  • IRA Certificate terms include 12, 24 and 36 months (all rates same as CD for terms listed)
Roth IRA

Allows earning to grow tax-exempt. Contribute up to $5,500 per year or an additional $6,500 total if you are age 50 or better. Deposits can be withdrawn at any time without tax or IRS penalty. Ask about income requirements. No age requirements