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Retirement Savings

Traditional

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If you are under 70+ with earned income, you are eligible for a Traditional IRA.

  • Opening balance of $1,000
  • Investments grow on a tax-deferred basis*
  • Earnings are taxed only upon withdrawal
  • 10% penalty for early withdrawal

 *Consult your tax advisor as to your tax situation

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Non-deposit investment products are not insured by FDIC, not a deposit or other obligation of, or guaranteed by Boone Bank & Trust Co., and may be subject to investment risk, including possible loss of the principal amount invested.

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