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Retirement Accounts
  Traditional  •  Roth


Traditional IRAs
Contributions to a Traditional IRA may be tax deductible, and the earnings grow on a tax-deferred basis.

Roth IRAs  
An individual retirement plan that bears many similarities to the traditional IRA, but contributions are not tax deductible and qualified distributions are tax free.

Fixed and Variable Rates Available.
Terms Vary from 31 Days to 60 Months.
No Service Charges.
Higher Interest Rates than a Savings Account.
Penalty for Early Withdrawal Varies by Term.
   No penalty for Early Withdrawal after Age 59.5
Method of Interest Payment and Compounding Varies by Term.
FDIC Insured.

 

For more information on our Retirement Account products e-mail us at info@genoabank.com.