Individual Retirement Account

Saving for retirement is a smart move for the future and you can start with an Individual Retirement Account (IRA) with BSV. Depending on the type of IRA account you choose, your money can grow on a tax-deferred or tax-free basis.

Choice of three types:

A traditional IRA is a tax-deferred retirement savings account
A Roth IRA is a tax-free retirement savings account
A SEP IRA is a simplified employee pension tax-deferred retirement savings account that is set up by a business owner or self-employed person for themselves and any employees

Invest in your future:

Competitive interest rates
Daily compounding
Automatic distributions available (when account qualifies)

Advantages to an IRA:

Flexible terms from 12-60 months
Automatic renewal
Low minimum amount to open account
Available as a Variable Rate IRA that allows monthly deposits for budgeting savings

Access and Notices:

24/7 access with online and mobile banking
Go green with paperless notices