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Individual Retirement Accounts (IRA)

An IRA (Individual Retirement Account) is a personal savings plan that offers tax advantages for setting aside money for retirement. Up to $5,500 per year can be contributed to an IRA ($6,500 if you are over age 50) and contributions may be tax deductible.
  • $500.00 minimum balance to open and earn interest
  • Penalties may apply for early withdrawals
  • Variable interest rate
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