Glenwood State Bank
Online Banking Login

Individual Retirement Accounts (IRAs)

A personal tax-sheltered retirement plan for all wage earners

  • Contributions may be made annually or monthly
  • Traditional, Roth, and Education IRA's available
  • Other qualified plans also available
  • See us for complete details
  • Contributions may be limited

The maximum annual contribution amount for accountholders under age 50 to a traditional and/or Roth IRA:

Tax Year
2006
2007
2008-2010
Amount
$4,000
$4,000
$5,000

 

The maximum annual contribution amount for accountholders age 50 and over to a traditional and/or Roth IRA:

Tax Year
2006
2007
2008-2010
Amount
$5,000
$5,000
$6,000

See us for complete details

Call us at 320-634-5111

Privacy | Terms

© 2008 Glenwood State Bank and Northern Heart Media