Individual Retirement Accounts
The best time to plan for the future is right now. Request InformationGrow Your Savings Quickly
IRAs offer a tax-advantaged* way to save for your future. Depending on which type of IRA you choose, you could see those tax benefits today or during your retirement.
IRAs Made Easy
IRAs give you the opportunity to grow your savings quickly. Our IRAs are even FDIC insured. Talk to one of our experienced representatives about how to start funding your own IRA today!
Traditional IRAs
Potential for tax-deductible contributions and tax-deferred interest.
Roth IRAs
Distributions are generally tax-free if qualifications are met.
Other Options
We also offer SEP IRAs and Beneficiary/Inherited IRAs.
Products Built to Fit Your Plan
You can choose to put your funds in IRA Savings Accounts, IRA Certificates of Deposit, or both.
IRA Savings Accounts
- No minimum deposit or minimum balance requirement
- Ability to make small contributions
- There’s no bank penalty for withdrawals at any age, but an IRS penalty may apply
- Interest is paid monthly
- Ability to monitor your products online
IRA Certificates of Deposit
- $500 minimum deposit
- Earn higher interest than with an IRA Savings Account
- There’s no penalty for withdrawals if you’re over 59 and 1/2 years old
- Interest is paid quarterly
- Ability to monitor your products online
Plenty of Options
Retirement isn’t a “one size fits all” situation and IRAs shouldn’t be either. Our IRAs can be customized and tailored to your needs.
Here to Help
We assist in completing rollovers, transfers, and continuous contributions. We also help calculate your Required Minimum Distribution.
Personalized Service
We’re here to help you every step of the way. Convenient scheduled distributions are available upon request.
Withdrawals
You can make withdrawals at any of our branches. We offer the ability for Federal withholding at the time of distribution.
Find Your Perfect Way to Save
Check out our Rates Here: https://www.fkc.bank/information/rates/
Individual Retirement Accounts. Tax-advantaged* retirement savings built just for you.
* Consult your tax advisor.
