| Start Saving for Retirement | ||
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Variable Passbook IRA |
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$100.00 Opening Deposit |
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Maximum deposits per year are based on the current IRS guidelines |
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Interest compounds semiannually | |
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Rate is subject to change monthly | |
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$35.00 penalty if the account is closed within six months of opening, plus IRS penalties | |
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Transfer to Successor Custodian $20.00 | |
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$10.00 annual maintenance is waived if: | |
| 1) depositing a minimum of $100.00 per year or | ||
| 2) carrying a total balance of at least $25,000 in all IRA's held with us | ||
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FDIC insured | |
| 35 Month IRA C.O.D. | ||
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$1,000 Opening Deposit | |
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Maximum opening deposits are based on current IRS guidelines | |
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Interest compounds semiannually | |
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Rate is fixed for each 35 month term | |
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6 month interest penalty if a withdrawal is made before maturity, plus IRS penalties | |
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$10.00 annual maintenance fee can be avoided by carrying at least $25,000 in all IRA's held with us | |
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FDIC insured | |
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