Traditional IRA
Roth IRA
SEP (Simplified Employee Pension) and KEOGH (Qualified Pension Plan)

TRADITIONAL IRA
  • Minimum balance to open $0.00
  • Variable rate, can change monthly
  • Compounds monthly
  • Maximum annual contribution $4000 per taxpayer under age 50, $5000 if over age 50
  • Customer may select contribution schedule of weekly, monthly, annually, or periodic
  • Call or click here for current interest rates

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ROTH IRA

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SEP (Simplified Employee Pension) and KEOGH (Qualified Pension Plan)
  • These are retirement investment plans primarily developed to assist small business owners and farmers with retirement plans for themselves and their employees
  • Variable rate, can change monthly
  • Compounds monthly
  • Call or click here for current interest rates

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Consult your tax advisor on the deductibility of interest.

 

 

 


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