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Individual Retirement Accounts - Savings

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Summary

IRA's give tax payers an opportunity to save for retirement in future years. You may choose a Traditional IRA which allows you to defer taxes on earnings until money is taken out in retirement. Or you may choose to open a Roth IRA and never pay taxes on its earnings. You can invest up to $5,000 ($6,000 if you over age 50) in an IRA in 2008.After that it will be indexed for inflation. Talk to our IRA specialists to learn what is most advantageous to you.

Please note that investments are at the risk of the customer, and are not FDIC insured. They are not guaranteed by the bank and may lose value.

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