Save for tomorrow, starting today.
Planning for retirement can feel far away, but small steps now can help build long-term confidence. FVSBank offers Traditional and Roth IRAs with competitive rates, no setup or monthly fees, and the option to use IRA funds in fixed-rate CDs.
Why open an IRA with FVSBank?
Retirement savings with local guidance.
Traditional and Roth IRA options
No setup or statement fees
Local FVSBankers who can help explain your options
2026 IRA contribution snapshot
For 2026. the IRA contribution limit is $7,500, or $8,600 if age 50 or older, based on IRS guidance.
Not sure which IRA is right?
You do not have to figure it out alone. Our FVSBankers can walk you through the basics and help you choose an option that supports your retirement goals.
Frequently Asked Questions
What is an IRA?
An IRA is an Individual Retirement Account designed to help you save for retirement with potential tax advantages.
What is the difference between a Traditional IRA and a Roth IRA?
A Traditional IRA may offer tax benefits now, while a Roth IRA may offer tax-free qualified withdrawals later.
How much do I need to open an IRA at FVSBank?
You can open an IRA with a $50 minimum deposit.
Can I use an IRA with a CD?
Yes. FVSBank allows IRA funds to be used with fixed-rate Certificates of Deposit.
Are IRA deposits FDIC insured?
Yes, eligible deposits are FDIC insured.
Should I choose a Traditional or Roth IRA?
It depends on your income, tax situation, and retirement goals. FVSBank can help explain the options, and you should consult with a tax advisor for tax advice.