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Traditional Individual Retirement Account (IRA)
Make plans for a more secure retirement. Certificates of Deposit form the foundation of our IRAs, providing competitive interest rates.
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- Individual Retirement Accounts (IRAs)
- Traditional Individual Retirement Account (IRA)
Save for retirement in PA and NY with a Traditional IRA
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Diversified investment portfolioAugment your 401(k) with a Traditional IRA.
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Competitive interest ratesYour account is based on CDs that grow at a steady rate.
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Tax advantagesConsult with your tax advisor to discover all of the benefits.
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Expert financial assistanceWe're here to explain your savings options and help you at every turn.
Grow your retirement savings to prepare for a comfortable financial future
Take your retirement plan into your own hands with the help of C&N. Traditional IRAs offer specific benefits for your retirement planning needs including:
- Invest in either a Variable-Rate IRA CD or Fixed-Rate IRA CD (or both)
- Contributions may be tax-deductible, if you're eligible
- Accumulated interest not taxed until you withdraw funds
- Withdrawals taxed at the current income tax rate
- Disbursements must begin at age 72 and can begin as early as 59 1/2
- Penalties apply for early withdrawal
Please consult with your tax advisor to determine whether a Traditional IRA is ideal for your retirement plan.
Refer&Reward
Refer a friend to C&N and you'll both receive a special bonus: $50 for you, $50 for them!