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 $6,000 annually if you’re under age 50, and $7,000 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

Calculate your retirement savings

How much do I need to fund my retirement?
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How much do I need to fund my retirement?

Are you saving enough for retirement? We can help you determine exactly how much you need to save to retire.

Traditional IRA or Roth IRA?
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Traditional IRA or Roth IRA?

Which is better for me, a Traditional IRA or a Roth IRA?

How long will my retirement savings last?
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How long will my retirement savings last?

We can help you determine how long retirement savings will last given a specified monthly income target.

How much can I spend each month in retirement?
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How much can I spend each month in retirement?

If you're already retired, or close to retirement, calculate how much you can withdraw from your savings to last through retirement.

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