Retirement Accounts

Iowa State Bank offers great flexibility to individuals saving for retirement. Your retirement account is self-directed to allow for a variety of investment choices — certificates of deposits, time-open accounts, and non-deposit investments including stocks, bonds, and mutual funds. Consult your tax preparer to determine your maximum contribution.

NOTE: Stocks, bonds and mutual funds:

  • Are Non-deposit investments
  • Are NOT FDIC Insured
  • Have No Bank Guarantee
  • May Lose Value including possible loss of principal

We offer a variety of options:

  • Traditional Individual Retirement Accounts (IRAs)
  • Roth IRA
  • Coverdell Savings Account (formerly known as the Education IRA)

Several retirement plans have tax saving advantages for employers with any number of employees. Because these plans are self-directed, you have the choice of a variety of investments. Tax laws are complex and frequently revised. Therefore, you should seek the advice of a competent tax professional before setting up your business retirement plan.

See Iowa State Bank for:

  • Keogh or HR-10
  • Simple Plans
  • SEP Plans