Helping you plan for your financial future.
It’s never too early to start thinking about and planning for your retirement. Some financial experts estimate that the average person will need approximately 75 to 80 percent of their pre-retirement income in order to maintain their standard of living after they retire.* Reach your retirement goals with one of The Finest’s retirement savings accounts.
A Roth IRA is also a retirement savings account, however taxes are paid upfront at the time you make the contribution. Once invested, the funds in a Roth IRA continue to grow with no additional tax requirement.
Minimum deposit of $500
Dividends are compounded and paid quarterly
Taxes are paid upfront upon contribution
Withdrawal can be made at any time
Withdrawals made before age 59 ½ will be penalized unless qualifying reason applies
No required age or date for taking distributions, funds can stay in a Roth IRA as long as you choose
Can keep contributing to a Roth IRA regardless of age
*US News & World Report April 19, 2014.
For more information, contact the member services department