Retirement Savings

It's never too soon to start planning for retirement. Whether you want a Traditional or a Roth IRA, our experienced bankers have the knowledge to help you plan successfully. Set up a retirement savings account with NorStates Bank today, and maximize your tax-free savings!

Retirement Savings
  • Summary

    • Retirement savings with excellent tax benefits
    • Competitive interest rates
    • Only $1,000 to open
    • FDIC insured

    Traditional IRA

    • Contributions are tax-deferred until withdrawal
    • May be eligible to deduct contributions on current tax returns
    • Penalty-free early withdrawal for certain expenses (buying a first home, college, uninsured medical coverage, etc.)

    Check out our current interest rates.

  • Roth IRA

    • Unlike Traditional IRA, incurs the tax now
    • All earnings are tax-free at withdrawal
    • Income is taxed now, when you are working, instead of when on fixed income
    • Penalty-free early withdrawal for certain expenses (buying a first home, college, uninsured medical coverage, etc.)
  • Think Possible

    Options are good. That's why our products simplify and improve your living, no matter which accounts, services or loans fit you best.

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