A Roth IRA gives you retirement savings on your terms. A retirement account with fewer restrictions* than a traditional IRA, a Roth IRA gives you the ability to withdraw direct contributions tax free and penalty free** regardless of age. Easier access to your savings means more time to enjoy retirement or safely start your savings plan without the worry of unforeseen expenses.
Generally, contributions of post tax dollars of up to $5,000 can be made by individuals currently earning income or by persons filing jointly with a spouse earning taxable income. Because taxes are paid upfront you and your beneficiaries are protected from future taxes on your contributions.
A Roth IRA may be opened with as little as $5.00 or you may transfer the balance of an existing IRA from another institution***. Contributions to your Roth IRA may be made at our branch offices or through automatic transfer.
You also have the option of investing their contributions in one of our fixed rate, guaranteed Roth IRA Certificates**.