Account Details
INDIVIDUAL RETIREMENT ACCOUNTS
 
First State Bank realizes the importance of our customers investing for their future. We would like to invite you to open an IRA with First State Bank. Traditional, Roth, Rollover, whichever IRA you are seeking, we will have a solution.

Requirements

• Initial deposit to open an IRA varies

• Maximum annual contribution determined by type of account (waived for rollover accounts)

Benefits

• Traditional IRA – tax deferred until distributions begin

• Roth IRA – earnings and qualified distributions are tax free

• FDIC insured

Cost

• No annual maintenance fee

• Penalty tax may apply to premature distributions

As with any retirement planning, please consult with your accountant or tax adviser regarding your retirement plan.