Individual Retirement Account

BS_49168934_957X417

Secure Your Future With An Individual Retirement Account

Is an IRA right for you?  To find out and discuss your options, call one of our customer service representatives today at (888) 309-2240.

You may be able to save on your present taxes with an Individual Retirement Account, by deducting your qualified contributions from your taxable income. Many Americans can deduct all or part of their IRA contributions from current income taxes. The deductible amount depends on your income, marital status and whether you’re an active participant in an employer sponsored plan as defined by the Internal Revenue Service. 

With an Individual Retirement Account, you may also be able to defer taxes on earnings until you retire, when you may fall into a lower tax bracket. Please consult your tax advisor to review the tax deductible status of an IRA.  Regardless of the amount you’ll be able to save now on taxes, an IRA is a smart way for you to save for a secure retirement.

If you’re changing employers, An IRA Rollover makes sense. If you are retiring or changing jobs and anticipate withdrawing money from your employer’s retirement plan, you can avoid withdrawal penalties by transferring your assets into an IRA with TriCentury Bank. You can ask your employer to arrange for a “Direct Rollover” of your money into a new IRA account with us, or you can do it yourself with an IRA-to-IRA rollover. 

Plan now for your retirement with our High Yield Savings IRA!  

Open an IRA Savings account to start building your retirement savings today, with the ability to conveniently set up monthly or quarterly automatic deposits in this high yielding savings account.  Whether you are just initiating your retirement savings as a beginning wage earner, or are secure in your wealth earning capacity, our High Yield Savings IRA makes sense to easily build your long-term retirement funds.  For more information regarding this account, or IRA’s in general, please give us a call!

Certificates of Deposit RatesIcon For: Rates

Term Rate APY*
6 Months 0.50% 0.50%
12 months 1.25% 1.25%
18 Months 1.50% 1.51%
24 Months 2.00% 2.01%
36 Months 2.25% 2.27%
48 Months 2.50% 2.52%
60 Months 3.00% 3.03%
13 Month Special** 1.50% 1.51%
12 Month Special*** 1.75% 1.76%
Learn More

Fees could reduce the earning on the account.
*Annual Percentage Yield is accurate as of 10/03/2018 and is subject to change without notice. A $1000 minimum balance is required to obtain the APY. A penalty will be imposed for early withdrawal.
**13 Month Special minimum balance of $25,000 required to obtain the APY.
***12 Month Special minimum balance of $100,000 required to obtain the APY.