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