Individual Retirement Accounts (IRAs)
Save for your retirement the safe way, and enjoy the tax benefits of either a Traditional IRA or a Roth IRA.
Traditional IRA
- FDIC Insured.
- No annual maintenance fees.
- Tax deferred investments.
- Contributions may be tax deductible.
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- Traditional and Roth IRAs Annual Regular Contribution Limits
| Contribution Year |
Contribution Limit
Under Age 50 |
Contribution Limit
Age 50 and over |
| 2007 |
4000 |
5000 |
| 2008 |
5000 |
6000 |
Roth IRA
- FDIC Insured.
- No annual maintenance fees.
- Tax sheltered growth. Investments grow tax deferred and earnings can be distributed tax free with a qualified distribution.
- Traditional and Roth IRAs Annual Regular Contribution Limits
| Contribution Year |
Contribution Limit
Under Age 50 |
Contribution Limit
Age 50 and over |
| 2007 |
4000 |
5000 |
| 2008 |
5000 |
6000 |
We also offer a Money Market IRA tied to our Money Market rates.
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