Roth IRA

An effective way to start saving for retirement, right now.

  • Funded with after-tax contributions
  • Tax benefits deferred until disbursements begin
  • $25 minimum to open a variable savings IRA
  • $500 minimum to open a fixed rate IRA
  • Earnings on contributions accumulate tax free (if IRS qualifications are met)
  • Individuals may continue to make contributions beyond age 70 if they have earned income
  • Consult tax advisors regarding deductibility

More Options for IRAs: