IRAs (Individual Retirement Accounts)
IRAs Help You Save on Taxes Today for a Great Retirement Tomorrow.
IRAs, or Individual Retirement Accounts, can provide a tax benefit today, because you may be able to deduct all or part of your annual contribution from the gross income of your taxes. We offer both traditional and Roth IRA plans:
Traditional IRA ›
With a traditional IRA, you pay taxes after you retire, when you withdraw your money.
Roth IRA ›
Roth IRAs are differ from traditional IRAs in that you pay taxes on the money you contribute today, but you can withdraw funds during retirement tax-free. Contribution levels are limited by your income.
To open your IRA, contact us or visit one of our First International Bank & Trust locations.