Individual Retirement Account (IRA)
To attract the best talent, you must offer competitive benefits. Provide your employees with a way to invest in their futures by offering Individual Retirement Accounts. We offer traditional and Roth plans, so your employees may choose which plan works for their financial situation. IRAs are also federally insured.
- Offer employees a way to save for retirement with tax advantages*
- Competitive rates, higher than regular savings
- Annual contribution limits apply
- Additional catch up contributions of $1,000 allowed for customers 50+
- Available in traditional and Roth
- May be set up as IRA savings or CD
- Penalty for early withdrawal applies
- FDIC insured
*Consult a tax advisor.