Whether it’s a day at the park or a visit with the grandkids — your retirement plans shouldn’t involve the daily grind of work. Ensure a stress-free retirement by future-proofing your finances with an IRA. At FNB, we offer competitive rates on traditional and Roth IRAs to help you reach your goals, each offering unique tax advantages. It’s never too late to get started — there’s even a catch-up provision. Start growing your nest egg by opening an account today.
*Consult a tax advisor. The maximum you may deduct from your taxes will be based on earnings for the year whether or not you or your spouse are covered by a pension plan. It is advisable to check with your tax consultant in order to determine how much of your contribution may be deductible.
**Penalty for early withdrawal is 6 months interest on the amount withdrawn. IRA accounts may start being withdrawn at age 59½ and must start being withdrawn by the age of 70½ . You may make maximum deposits of $6000; plus cost of living adjustment.
All IRAs are separately insured by the FDIC regardless of your other FNB account balances.