IRAs
IRAs
Save and invest for your retirement with a Premier Bank Individual Retirement Account (IRA). Our team can help you understand the tax advantages* to help you grow your savings.
Traditional IRA
Features
- Defer taxes on the earnings on your contributions until they're withdrawn
- Certain contributions are tax-deductible (check with your tax advisor)
- Open a Traditional IRA if you are younger than 70 1/2 the entire tax year and you or your spouse earns income
Roth IRA
Features
- Tax-Free withdrawals for certain distribution reasons after five years
- Contributions are not tax-deductible*
- Ideal option if you expect to be in a higher tax bracket when you retire
- Eligible if you or your spouse earns income and your income does not exceed certain limits
Make your dream retirement a reality:
Talk with your local branch to learn more about your IRA options.
Visit Your Local Branch Helpful Links
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Deciding when to retire?
Timing is everything? Explore resources to help you prepare for this next stage of your life.
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Sandwich Generation
Talking care of young children and aging parents while still saving for the future.
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Disclosures
*Consult with a tax professional.