The best way to save for the best years of your life.
- Choose Traditional or Roth IRAs
- Benefit from tax advantages
- Lock in long-term security
Choose Traditional or Roth IRAs When the time comes, you'll be good and ready.
Tomorrow will pass in a flash. So will next year - and those that follow. Before you know it, you'll be accepting hugs and handshakes and saying goodbye to the working world. The key to a comfortable retirement is to start planning for it right now. With a Traditional or Roth IRA, you can make yearly contributions, enjoy tax advantages and end up with the money you need to live happily ever after.
Traditional IRA
- Contribute up to $6,000 per year ($7,000 if over age 50)
- Potential tax deductions for each year funds are contributed
- Interest and dividend income grows tax-free - you pay no taxes until you begin withdrawing money
- Choose from a range of savings and investment options
- No annual fees
- Track progress through Online and Mobile Banking
- Learn more from the IRA Specialists at Lincoln Savings Bank
Roth IRA
- Contribute up to $6,000 per year ($7,000 if over age 50)
- Interest and dividend income grows tax-free
- All withdrawals are tax-free
- Choose from a range of savings and investment options
- No annual fees
- Track progress through Online and Mobile Banking
- In some cases, Roth IRA funds can be used to purchase homes and pay for higher education expenses
- Learn more from the IRA Specialists at Lincoln Savings Bank