Traditional IRAs

Get Your Traditional IRA Started Through Us.

Anyone under age 70 ½ who earns taxable income can have a traditional IRA.  Contributions may or may not be taxable, depending on several factors:

  • How much you earn
  • Your tax filing status
  • Whether or not you receive social security
  • Whether or not you have access to a retirement plan at work.

Deductible Traditional IRA
Deductible IRA contributions can be deducted from your taxable income.

Non-Deductible Traditional IRA
Contributions to a non-deductible IRA are funded “after taxes.” These contributions can’t be deducted when you file your tax return.

Open a Traditional IRA
To open your IRA, contact us or visit one of our First International Bank & Trust locations.


Truth in Savings Disclosure