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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)

QUALIFIED RETIREMENT PLANS
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