This tax-deferred retirement savings account allows you to only pay taxes on your money when you withdraw it in retirement. Deferring taxes means all of your interest and payments can compound each year without being hindered by taxes.*
Benefits and Features
Fixed-rate terms of six months, 12 months, 18 months, 30 months, 36 months, 48 months, and 60 months
$2,500 opening deposit for fixed-rate IRAs
Make contributions throughout the year
Interest compounded daily and credited quarterly
Distributions are subject to bank penalties
Distributions must begin at age 70-1/2
Rollover options available
Let us help you with your retirement planning. Talk to our IRA experts at 828-466-1765 or call toll-free at 877-802-1212.
* Consult your tax advisor for any tax-related questions regarding IRAs
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