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Retirement Accounts

IRA

With recent changes in tax law, you have even more choices to build your retirement savings.

An Individual Retirement Account (IRA) is a personal tax-sheltered retirement plan that allows you to save for your retirement. The earnings are not taxed until you withdraw the money, and the contributions you make may be eligible for a deduction on your federal income tax return.

Fixed rate IRAs allow you to lock in your earnings rate for a specific period of time. For specific information regarding your situation, consult your tax advisor.