You’ve worked hard to get where you are, and you want a bank that will work just as hard to help protect your investments and help you plan for your future. Trust First Federal to guide you into a happy, secure future.
Individual Retirement Accounts
Personal saving through an IRA can help complete an individual’s overall retirement plan, which may include income from Social Security and possibly one or more employer-provided retirement plans. Your Traditional or Roth IRA at First Federal Community Bank will be invested in our variable-rate 18 month certificate where your interest will compound monthly. Contact First Federal for more details!
In addition to supplementing an individual’s personal retirement plan, a Traditional IRA offers tax-deferred earnings and for some, tax-deductible contributions. If you are younger than age 70 ½ for the entire tax year, and have compensation, you are eligible to establish and make an annual tax-year contribution to a Traditional IRA.
A Roth IRA is an individual retirement account that allows nondeductible contributions but features tax-free withdrawals for certain distribution reasons after a five-year holding period.
Financial Planning & Investment Advice
Contact David A. Eppley of Nexus Financial Network at 419-562-9124 or toll free at 877-261-5786 to meet for an appointment at our East Branch office.