Roth

With a Roth IRA, you invest with after-tax dollars. If your account remains open for at least five years, the dividends you earn are tax free (assuming you withdraw them after age 59 1/2 or under other limited circumstances).

Account Features:

• Two investment options: IRA Share Savings or IRA Share Certificate
   
• Same contribution limits as the Traditional IRA
   
• Annual catch-up contributions allowed for persons aged 50 and older
   
• There is no age limit for contributions or distributions
   
• Non-rollover contributions can be withdrawn at any time with no penalty, no tax
   
• IRAs are federally insured separately from your other accounts, up to $250,000, but Traditional IRA and Roth IRA accounts are combined together and insured in the aggregate.
   
• Account balances count towards your Concierge Banking relationship.

Consult your tax advisor about your specific situation.