Individual
Retirement Accounts
An
IRA is a convenient account that allows money to be set aside
for retirement. IRA contributions can be tax deductible and there
are no withdrawal penalties after reaching age 59 1/2. Interest
income is deferred until retirement, when the customer's
tax rate may be lower. Early withdrawal penalties apply, as required
by law.
| •
|
Terms
range from Three (3) months to Sixty (60) months |
| •
|
No
minimum investment |
back to Personal Banking
Products
