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Lady looking at her tablet
Roth IRA

Retire your way

A Roth IRA is a great option if you want to start saving early, but need a little more flexibility

Why a Roth IRA?

Earnings grow federally
Tax-free
Earnings grow federally
Tax-free

It’s your retirement. You should have an account that fits your needs. A Roth IRA has a little more flexibility than a Traditional IRA, but can still help you get where you need to be. Find out if a Roth IRA is right for you.

Roth IRA benefits

  • Not required to take distributions at age 72
  • Make contributions with money you’ve already paid taxes on
  • Under most scenarios, no taxes at withdrawal (please consult your tax advisor)

Note: for Roth IRAs, you must have employment compensation

Contribution limitsfor 2019 and 2020 are:

  • Age 49 and under: $6,000
  • Age 50 and above: $6,000 + $1,000 catch-up

To open an account, give us a call or visit us at a branch.

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