Traditional IRA

Thinking about saving for retirement? A Traditional IRA lets your money grow tax deferred, meaning you won’t pay taxes until you start withdrawing. Talk with your tax advisor to see if a Traditional IRA is right for you and then we’ll help you get started. You can open an account by visiting one of our conveniently located branches.

  • Key Benefits
    • Your investment growth is tax-deferred
    • All your contributions are tax deductible
    • You can contribute up to $6,500 annually if you’re under age 50, and $7,500 annually from age 50 up to age 701/2 or until retirement
  • Disclosure
    Contributions in excess of IRS limit may be subject to IRS penalties

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