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No matter your age, it is important to start saving for your retirement. An Individual Retirement Account (IRA) is a great way to accumulate tax-advantaged deposits and earnings for your retirement.
Kish offers Traditional and Roth IRAs, as well as Simplified Employee Pension Plans (SEP), and Savings Incentive Match Plans for Employees (SIMPLE).
no | IRA Money Market Account | 18-Month Variable Rate IRA CD |
---|---|---|
Minimum to Open | $100 | $100 |
Contributions | May be made any time, provided they meet IRS eligibility requirements. | May be made any time, provided they meet IRS eligibility requirements. |
Distributions | No bank penalty assessed on distributions. | Distributions prior to maturity may result in bank penalty of 90 days' interest on the amount distributed. |
Penalties | IRS penalty may apply on nonqualified distributions. | IRS penalty may apply on nonqualified distributions. |
Interest | Rate can vary and is compounded and credited monthly. | Rate can vary and is compounded and credited monthly. |
Other IRA CDs are available at the terms and early withdrawal penalties of regular CDs.
These IRA investments are available through Kish Financial Solutions. Contact a Registered Representative for more information.
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