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ABA Routing 253279196

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Traditional IRA

Senior African American couple planting flowers together, symbolizing the benefits of a Traditional IRA including tax advantages to help you plan retirement.

Reach Your Retirement Goals

A customized IRA can help you reach your retirement goals. You can contribute up to $7,000 for 2025 to an IRA, provided you earn at least that amount in compensation. If you are age 50 and older before the end of the year, you can make an additional $1,000 catch-up contribution, for a total of $8,000. 

Features

  • Investment growth is tax-deferred and taxed only upon withdrawal
  • Contributions may be tax-deductible if you have an employer retirement plan
  • Our floating IRA has no maturity date
  • Schedule regular direct deposits to maximize your participation

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