
An Individual Retirement Account is still one of the best ways to save for the future. IRAs can be an excellent income tax deduction, although the amount of deduction allowable depends on your income and whether you are covered under a qualified retirement plan.
MarkleBank offers two plans:
• 18-month variable rate with a minimum deposit of $25.00.
• 12-60 month fixed rate plans to suit your individual needs.
There is a minimum deposit required.
Our staff can help you select the IRA plan that will best meet your financial goals. For example, we can assist you with lump sum or partial disbursement of funds which can be rolled over into an IRA.
If you close your IRA, there is a $25.00 termination fee. There may be an interest penalty for the early withdrawal of an IRA certificate.
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