Security
EssentialsIndividual Retirement Accounts
Individual Retirement Accounts (IRAs) allow you to earn tax-deferred income for retirement. CoreFirst Bank & Trust offers a variety of IRA investment options with terms similar to certificates of deposit, ranging from 30 days to 3 years.
Earnings from your IRA are tax-deferred, and in many cases, the contribution each year is tax deductible. For eligibility requirements, see your tax advisor.
Use
our Retirement CalculatorA CoreFirst Bank & Trust IRA gives you the following benefits:
- Guaranteed interest rate for the term selected
- Interest computed daily and compounded quarterly
- Interest is tax-deferred, in most cases
- No administrative fees
- Safety of FDIC insurance
There may be a substantial penalty for early withdrawal of IRA Accounts.