Individual Retirement Accounts
An Arbor Bank IRA is a great way to help you grow your retirement savings.
Traditional IRA
Your contributions may be tax deductible and the investment earnings can be tax deferred until the time of withdrawal. Penalty-free withdrawals can be made for college expenses or the purchase of a first home. Other withdrawals prior to investment maturity may be subject to penalties.
Roth IRA
Invest after-tax dollars now, receive the growth of tax-deferred earnings, and have the principal amount tax-free when
you’re ready to take distributions. Plus, your tax-deferred earnings can become tax-free.
Simply give us a call, or stop in. We’re happy to help guide you through your choices.
Take control of your future. No matter what your age, it’s not too early or too late to have a plan for your retirement.