Retirement requires careful planning to ensure security and stability. Starion Bank offers you an approach where you can gather all of your financial management in one place. We help retirees continue to plan, so they can live a full-life during retirement. We can answer your questions about contributions, deductions, withdrawals and penalties related to IRAs.
If you like guaranteed safety, you may establish an IRA using a CD. Your money is FDIC insured up to $250,000 and grows for when you need it. We also offer a Roth IRA CD, which is similar to a Traditional IRA, but you pay taxes upfront. Contributions are not tax-deductible, but withdrawals are tax-free after a specified period.