Retirement Accounts
   
 

Individual Retirement Accounts
 
 

Make deposits up to $3,000 annually

  Traditional IRA $3,000 Annual contribution limit
  Roth IRA $3,000
  Coverdell Education Savings Account $2,000

Interest on Traditional IRA is tax-deferred or sheltered until distributions.

Traditional IRA contributions may be tax-deductible, dependent on your filing status, adjusted gross income or whether you participate in a company-sponsored retirement plan.

Contributions and earnings on Roth IRA's are tax-free on distribution, (certain requirements must be met).

   
  Fixed IRAs
 
 

Invest in certificates of deposits and receive semi-annual statements

   
  Qualified Plans and SEPs
 
 

Allows self-employed individuals or owners of small businesses to set up retirement plans.
   
  Rollovers and Transfers
 
  • Rollovers and Transfers may be made from one Traditional IRA to another Traditional IRA, Roth IRA to another Roth IRA
  • Direct Rollovers may be made from an employer Eligible Retirement Plan to a Traditional IRA