Roth IRA
Tax free growth for your retirement - a smart choice.
The Roth IRA has been a favorite choice in retirement planning since it's debut in 1998 for one reason…it's the only retirement product on the planet that offers tax-free withdrawals upon retirement!
- Tax free growth: you use after tax dollars to fund your Roth IRA, but then all withdrawals are tax-free and available after five years.
- No age limit for withdrawals or contributions: unlike traditional IRAs, you are not required to take distributions at age 70 ½.
- Contributions: made with after tax dollars. You can contribute up to $5,000 per year or 100% of your earned income, whichever is less. Those 50 years old or better can contribute an additional $1,000 per year as a catch-up feature.
Guaranty Bank offers IRA Certificates of Deposit ranging from six months to five years. Roth IRAs through Guaranty Bank are FDIC insured.
We also offer Traditional IRAs and Rollover IRAs.

