A Traditional IRA is a type of retirement savings plan, which offers you the flexibility of making possible tax-deductible contributions. The earnings will also grow tax-deferred until a withdrawal is taken from the IRA.

There are two advantages that the Traditional IRA offers which make this type of IRA a powerful tool in creating a balanced, long-term savings plan:

• Depending on your circumstances, you may be able to deduct your contribution(s) (all or in part) from your annual income at the end of the year and
• Generally, amounts in the IRA including earnings and gains are tax deferred until a distribution is taken.

To open up a Traditional IRA, please visit one of our convenient branch locations.