| A retirement savings and investment plan on which your earnings
are tax deferred until withdrawn. Your qualified contributions may
be deducted from income and tax-deferred until withdrawn.
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Time Deposit
with a 12, 18, 24, 48 or 60 month term. |
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Certificate of
Deposit penalties will be imposed if account is closed
prior to maturity, regardless of age, unless participant
dies, becomes disabled or legally incompetent, or is taking
qualified distributions. |
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$100 minimum opening deposit. |
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Saves money since interest
is tax deferred until withdrawn. |
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Quarterly compounding of
daily interest. |
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Secure method of saving to
supplement other retirement income. |
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IRA balances invested in
bank deposits are insured by FDIC up to $100,000 separately
from other deposits maintained by the depositor. |
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Interest rate will remain
the same during the term |
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