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Save now and play later.
An IRA is similar to a Certificate of Deposit in that your initial
investment is never at risk and you are guaranteed a rate of return
for the length of the investment. You can get an IRA anytime
or roll over an existing account. The best part is that your
(pretax) investment and earnings are tax deferred - meaning you don't
have to pay Uncle Sam until you're ready to use the money.
If
you're going to claim it on your tax return you should check with
your accountant or be sure that it's deductible. We'll open
the account and the rest is between you and the IRS.
To find
out more, just give us a call.
FEATURES
- Tax deferred interest earning account
- Term lengths: 1-5 year CDs (no step up)
- Can
add to balance at anytime
- Penalty and tax consequences for
early withdrawal
- FDIC insured.
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