Rolling Hills Bank & Trust offers Traditional, ROTH and Education IRAs, all at competitive interest rates. Contact an employee at any of our branch locations for further information.
Traditional IRA Benefits:
- Tax - deferred growth potential
- The ability to deduct your contributions (if you participate in a plan at work, your eligibility is based on your income)
- Accept rollovers from qualified employer sponsored retirement plan
- Accept transfer form Traditional, SEP and SIMPLE IRAs
Roth IRA Benefits:
- Offers tax-free growth potential
- Qualified distributions, which are tax-free and not included in gross income, can be taken when you are at least 59 1/2, or as a result of your death, disability, or if using the qualified first time home buyers exception
- Roth contributions are not deductible, they are not subject to tax and can be withdrawn at any time
