CD and IRA Options
Certificate of Deposit
Pays higher interest rate than traditional savings account with terms from 1 month up to 5 years with a minimum opening deposit.
Liquid CD
Pays higher interest rate than traditional savings account with a term 6 months, allow deposits and withdrawals to this account with some restrictions.
CDARS
Multi-million dollar FDIC insurance on CD investments. Learn more
IRA Options
Save for retirement or your child's education with our line of IRA accounts. Open your account with as little as $100 or transfer your funds from another institution or previous employer. We offer competitive rates and the piece of mind that your "Nest Egg" will be well taken care of.
Traditional IRA
Eligibility
Anyone under the age of 70 ½ with earned income.
Annual Contributions & Tax Benefits
Certain contributions are tax deductible and interest earned is tax deferred.
Withdrawals (IRS penalty free options)
- Qualified education expenses
- First time home purchase
- After age 59 ½
- Disability
- Qualified medical expenses
- Payment of health insurance premiums while unemployed
- Upon your death
Please consult your tax advisor for additional information.
Roth IRA
Roth IRA'S are non-deductible and offer tax-deferred earnings. One of its most important features is qualifying distributions can be made tax free.
Please consult your tax advisor for additional information.
Education IRA'S (Coverdell Education Savings Accounts)
Education IRA'S are non-deductible and offer tax-deferred earnings. The most important feature is that distributions for qualifying higher education expenses can be made tax free.
Please consult your tax advisor for additional information.
SEP IRA (Simplified Employee Pension)
Even the smallest of businesses can get a solid retirement plan with a SEP-IRA. Created specifically for the self-employed and small businesses, SEP-IRAs offer:
- Flexible contribution amounts
- Tax-deductible contributions for you and your employees
- A simple, affordable way to attract and retain employees
Please consult your tax advisor for additional information.
Contact us at 916.850.1500 or through our online form for more information.
