1-800-892-6900 · 802-773-0027 2 South Main St, Rutland, VT 05701-4152 Monday-Friday 8:00-5:00

Individual Retirement & Tax-Advantaged Account Options

Coverdell Education Savings Account

Seeing a child work toward a college degree is a parent’s dream. But with rapidly escalating costs of higher education, this dream can become a financial nightmare. A Coverdell Educational Savings Account (ESA) can help parents sleep at night.

Roth vs. Traditional IRA

Traditional and Roth IRAs are personal savings plans that allow you to keep more money for yourself and pay less to Uncle Sam. This brochure will give you the basics of traditional and Roth IRAs.

Traditional IRA

A traditional IRA may provide you significant immediate tax savings, and due to the deferral of all taxes on earnings, the power of compound earnings is strengthened.

Roth IRA

Roth IRAs offer unique and exciting savings opportunities, and they’ve gotten better over the years. Roth IRAs give many members an easy and safe way to plan for the future.

Taking a Closer Look at Eligibility

Before you can contribute to a Traditional IRA or a Roth IRA, you’ll first need to determine if you are eligible for either. Although the contribution eligibility requirements differ for each, often the decision of which one to contribute to depends on your income.

Moving Into a Roth IRA

Converting your Traditional or SIMPLE IRA to a Roth IRA may be a great way to maximize your IRA savings. Discover how easy it is to convert and how it may affect you financially.

Rolling your way to a better retirement

If you've changed jobs or recently retired, you may be wondering what to do with your qualified retirement plan from a previous employer. It may make sense for you to consolidate your retirement savings into a single traditional IRA.

Growing Your Savings

No matter what stage you’re at in life, saving now with an IRA can better prepare you for your future. Whether you are just beginning your career, planning for your family, or approaching retirement, it’s never too late to start saving with a Traditional IRA or a Roth IRA.

Securing Retirement One SEP at a Time

Contemplating a retirement plan for your business but reluctant to take on the complexity that comes with most plans? Consider setting up a simplified employee pension (SEP) plan.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. NCUA: National Credit Union Administration, a U.S. Government Agency. Equal Housing Lender