Planning for the future can be daunting, but you can rest a little easier with an IRA from First Palmetto Bank. Personal savings through an IRA is a great way to supplement an individual’s retirement plan and offers tax-deferred earnings which makes savings more attractive.*
IRA Account Options
- Traditional IRA
- Roth IRA
- Simplified Employee Pension (SEP)
- Coverdell Education Savings Accounts (CESA)
- IRA Features & Information
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- $300.00 minimum opening balance
- $300.00 minimum daily balance is all that is necessary to earn interest
- Flexible terms
- Interest is fixed for the full term
- Interest is compounded daily
- Automatic renewal at maturity with a ten day grace period
*We encourage you to seek advice from your tax professional.