Individual Retirement Accounts (IRAs) ... help you save and plan for a financially secure retirement.

The tax law changes provide new dimensions to IRAs.

A Traditional IRA allows you to accumulate money for retirement, tax deferred, and contributions may be tax deductible.  Under the new law, income thresholds have been increased and revised definitions allow more people to qualify.

A Roth IRA allows you to accumulate after-tax money for retirement and contributions are tax free in certain circumstances.  Eligibility requirements apply.

New IRA rules also allow increased spousal contributions and Education IRAs.

Education IRAs . . . to save money for your child's post-secondary education on a tax-exempt basis (or... to save money for your child's higher education on a tax-exempt basis).

Several IRA investment options are available at First Citizens, including a 36-month fixed CD plan and a 12-month time-open CD that allows regular contributions, which allows you greater control over your investment.

The key to retirement savings is to begin today and give your investment maximum time to accumulate.

Contact us for more information or to visit with us at any of our locations.