IRA
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With an IRA from Boone Bank & Trust Co., you can save towards your retirement goals. Just select the IRA that fits your investment goals.
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Traditional IRA
- No fees assessed
- Funds are deposited into a certificate of deposit
- Choice of 6-60 months available
- Minimum opening balance of $1,000
- Competitive rates
- Investments grow on a tax-deferred basis
- Earnings are taxed only upon withdrawal
- Substantial penalty for early withdrawal
- 24 hour Touch Tone Teller and Internet access
*Consult your tax advisory as to your tax situation
Roth IRA
- No fees assessed
- Funds are deposited into a certificate of deposit
- Choice of 6-60 months available
- Minimum opening balance of $1,000
- Competitive rates
- Substantial penalty for early withdrawal
- Qualified withdrawals are nontaxable
- Contributions are not tax deductible
- 24 hour Touch Tone Teller and Internet access
- No mandatory distribution
*Consult your tax advisory as to your tax situation
Stop by Boone Bank & Trust Co. to open an IRA that fits your investment goals today.