IRA

How can I roll over my 401 (k) into an IRA?
We offer a few different products for an IRA.  You have the option of opening either an IRA savings account or an IRA certificate of deposit.  To open the I...
Mon, 2 Dec, 2019 at 6:09 AM
How old do I have to be before I have to start taking distributions form my IRA?
Please consult with your tax advisor before making any IRA distributions.  Tax penalties may be charged for distributions made before the age of 59½.  The I...
Mon, 2 Dec, 2019 at 6:10 AM
What are certificate IRAs?
An IRA Certificate is similar to a normal Certificate.  These accounts are generally set up as an IRA for tax purposes.  For Certificate products, please vi...
Thu, 26 May, 2022 at 3:35 PM
What are some ways that I can take monies from my IRA without penalty?
Please consult with your tax advisor with any questions regarding IRS tax penalties
Mon, 2 Dec, 2019 at 6:13 AM
What are the contribution limits for my IRA?
Through April 1, 2010, the maximum amount you can contribute for the 2009 tax year is $5,000.00.  For IRA owners over the age of 50, you can contribute up t...
Mon, 2 Dec, 2019 at 6:14 AM
What if I have not taken a distribution for my IRA but I'm over 70 ½?
If you are over 70 ½ and have not taken a distribution, please contact us either through Live Chat or by calling Member Services at (336) 774-3400 or (800) ...
Mon, 2 Dec, 2019 at 6:15 AM
What is a Coverdell Education Savings IRA?
Coverdell Education Savings are set up for a child's higher education expenses.  Contributions are nondeductible. Qualified higher education distributio...
Mon, 2 Dec, 2019 at 6:16 AM
What is a Roth IRA?
People who expect to be in a higher tax bracket when they retire may benefit more from a Roth IRA account.  Contributions are nondeductible and feature tax-...
Mon, 2 Dec, 2019 at 6:17 AM
What is a Traditional IRA?
A Traditional IRA allows you to defer taxes on your earnings until the funds are withdrawn.  Certain contributions are tax-deductible in the tax year for wh...
Mon, 2 Dec, 2019 at 6:18 AM