Choose Traditional or Roth
When selecting your IRA account, you can choose between a Traditional or Roth IRA (an additional comparison chart is located below).
IRA Certificate of Deposit (CD)
|
$500 minimum deposit. |
|
FDIC insured up to $250,000. |
|
Your interest will compound daily. |
Our Rates
| TERMS | Rate | APY*,1 |
|---|---|---|
| 6 Month | 1.45% | 1.44% |
| 12 Month | 1.50% | 1.49 % |
| 24 Month | 1.70% | 1.69% |
| 36 Month | 1.75% | 1.74% |
| 48 Month | 1.80% | 1.78% |
| 60 Month | 1.80% | 1.78% |
Compare a Traditional IRA Account to a Roth IRA Account
traditional ira
A Traditional IRA may make sense for you if:
- You are eligible for a Traditional IRA deduction
- You are not eligible to contribute to a Roth IRA
- You anticipate a HIGHER tax rate while saving
- You anticipate a LOWER tax rate during retirement
- You are not concerned about tax implications
- You plan to withdraw at least the required minimum distribution amounts during retirement
roth ira
A Roth IRA may make sense for you if:
- You are not eligible for a Traditional IRA deduction
- You are not eligible to contribute to traditional IRA due to age limit
- You anticipate a LOWER tax rate while saving
- You anticipate a HIGHER tax rate during retirement
- You are concerned with tax implications to beneficiaries