Individual Retirement Accounts
Looking for one of the easiest and smartest ways to save for retirement? Traditional and Roth IRAs from CBBC are the answer! With tax-saving advantages, including tax deferrals on interest earnings until withdrawal. Consult your tax advisor for details. Anyone under 70 1/2 with earned income can establish an IRA. Open your IRA with as little as $100, with terms ranging from 1 year to 4 years. Choose from a variety of IRAs to meet your needs:
- Rollover, Direct and Transfer
- Substantial penalty for early withdrawal.
All depositors at CBBC are insured up to $250,000 each by the Federal Deposit Insurance Corporation. Account opening is subject to credit approval.