Personal_Banking_BGPersonal_Banking_Headline
  • online account login header

    Demo  |  Enroll

    Demo  |  Enroll

Home > Personal Banking > Retirement Services > Traditional IRA
  • Traditional IRA

    A Traditional IRA is flexible, accessible and offers immediate tax benefits, with contributions and/or earnings tax-deferred until retirement.

    Act Now!

    Call us at 816.525.5300 for more information

    The Basics on Traditional IRAs:

    Can be opened and funded without any employer participation

    • Offer immediate tax benefits, with contributions and/or earnings tax-deferred until retirement
    • Provide accessibility, with funds always available
    • Withdrawals made prior to age 59½ may be subject to an additional 10% IRS penalty
    • Are flexible because there is not a minimum contribution requirement and you can choose your own investments and financial institution

    You Can Contribute:

    • If you are under age 70½
    • If you have earned income from employment
    • Up to a maximum of $5,500; individuals age 50 and over can contribute up to a maximum of $6,500

    Call or stop by one of our branches and speak to one of our Customer Service Representatives to find out which IRA is right for you.

     

    Equal Housing Lender Logo  An Equal Housing Lender. Member FDIC.