Maturities of 12 or 18 months with fixed rate or 18 month variable rate.
Traditional IRAs may be fully or partially deductible. All earnings on your IRA contribution remain tax deferred until you make withdrawals from the account.
Spousal IRAs allow contributions to be made on behalf of non wage earning spouses or those with minimal income.
Roth Individual Retirement Account
Minimum balance to open this account is $25
The Roth IRA is a nondeductible account that features tax-free withdrawals for certain distribution reasons after a five-year holding period. You never have to take a distribution from your Roth IRA and there are no age 70 1/2 requirements.
Educational Individual Retirement Account
Minimum balance to open this account is $25
The Education IRA is a nondeductible account that features tax free withdrawals for the specific purpose of a child's education
Features Common to IRA Accounts
Competitive rates of interest
Penalty for early withdrawal will apply
Withdrawals prior to age 59 1/2 are subject to additional penalties