Personal Banking

GO PAPERLESS!

It’s safe, simple and secure. Get Started

ROTH IRA

Eligibility

  • An Individual with compensation in a tax year is eligible.

Benefits

  • Contributions are not tax deferred. Tax-Free Distributions.
  • Can continue to contribute after the age of 70½.
  • Tax credit can be applied but subject to MAGI limits.**

Features

  • Minimum to Open and Earn Interest: $500.00*
  • Interest cycle is annually or at maturity

*Contribution Limits Apply

**MAGI (Modified Adjusted Gross Income) Limits Apply

Please consult a tax advisor for guidance and comprehensive information about IRA's and other tax-related issues.

loading...

back to top