Deciding between Roth and Traditional IRAs
Compare the two types of Individual Retirement Accounts to see which is right for you.The information provided herein is for informational purposes only and is not intended as a substitute for professional advice. Please consult your tax advisor with respect to the information and how it relates to you.
Say goodbye to fees
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IRA CD Best for: Guaranteed returns | 3-month to 10-year terms The information provided herein is for informational purposes only and is not intended as a substitute for professional advice. Please consult your tax advisor with respect to the information and how it relates to you. |
IRA Savings Best for: Tax-advantaged savings The information provided herein is for informational purposes only and is not intended as a substitute for professional advice. Please consult your tax advisor with respect to the information and how it relates to you. |
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| Minimum opening deposit | $0 | $0 |
| Annual percentage yield (APY) |
X.XX% APY (3mo) to X.XX% APY (10yr)
Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX and is subject to change without notice. The APY will be determined and fixed for entire IRA CD term once account is opened and correctly completed documentation and funding is received. We will send you written confirmation of the interest rate, APY and maturity date of your IRA CD after it is opened or funded. Applies to personal accounts only. A penalty may be charged for early withdrawal. No minimum deposit required to open an account. Consult a financial advisor or tax professional for guidance. |
X.XX% APY
Annual Percentage Yield (APY). Advertised IRA Savings Account APY is accurate as of XX/XX/XXXX. Applies to personal accounts only. Fees could reduce earnings on the account. APY may change before or after the account is opened. No minimum deposit to open. |
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Early withdrawal penalty
A penalty may be charged for early withdrawal. See Section 36 in the Deposit Account Agreement for details. |
Yes | No |
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Account fees
We don't charge any incoming or outgoing wire service charge for IRA products. |
None | None |
| Roth and Traditional IRA options | Yes | Yes |
| Get Started Get Started Learn More | Get Started Get Started Learn More |
Fund your tomorrow with ease
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Contributions
When you contribute funds, you’ll be depositing money that is not presently deposited in any type of retirement account. The IRS imposes annual limits on how much you can contribute. You may want to contact a financial advisor or tax professional for further information.
Transfer money that is not currently deposited in any type of retirement account directly into our IRAs. -
Rollovers
When you rollover funds, you receive the funds through a distribution from your IRA. You then have 60 days from receipt of those funds to roll them into another IRA or qualified retirement plan to avoid tax consequences. IRA owners are limited to only one IRA-to-IRA rollover in any 12-month period. Rollovers are not counted toward your annual contribution limits. The above reflects general rollover rules. You may want to contact a financial advisor or tax professional for further information and information specific to your circumstances.
Move money from other retirement plans or accounts into one of our IRAs with ease. -
Transfers
When you transfer an IRA, the funds are moved directly from one financial institution to another. The transfer check is made payable to your financial institution for your benefit. Because you don’t handle the funds directly, the transaction is not considered a distribution. There is no limit to the number of transfers you can make.
Easily transfer an IRA from another financial institution to one of our IRAs.
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