Save smart today. Retire strong tomorrow.
When it comes to saving for retirement, would you prefer a tax1 break now – or later? At FVSBank, we offer both traditional and Roth IRAs to help you plan for the future on your terms. With competitive rates, no setup, or monthly fees, and the ability to invest in CDs, our IRAs are designed to make your retirement goals easier to reach.
Why open an IRA with FVSBank?
✅ Tax-advantaged1 retirement savings
✅ Earn competitive interest – Higher than standard savings accounts
✅ Traditional & Roth IRA options – Choose what works best for your tax strategy
✅ No setup or statement fees – Save more with fewer costs
✅ $50 minimum deposit to open
✅ CD-friendly – Use IRA funds to invest in fixed-rate Certificates of Deposit
✅ Catch-up contributions – If you’re 50 or older, contribute an extra $1,000 annually
✅ FDIC insured – Retirement savings you can count on
Traditional vs. Roth IRs: What’s the Difference?
| Tax1Benefits | Contributions may be tax-deductible1 now | Qualified withdrawals are tax-free1 later |
| Withdrawal Taxes1 | Taxes1 paid when you withdraw in retirement | Contributions are taxed1 |
| Income Limits | No income limits to contribute | Income limits apply for contributions |
| Best For | People who expect to be in a lower tax1 bracket in retirement | People who expect to be in a higher tax1 bracket in retirement |
Not sure which account is right for you?
We’re here to help you make the best choice for your financial future. Reach out to our Banking Team to help guide you through the benefits.
- Consult a tax advisor.