Build security for your future with a Citizens Bank IRA.
You have dreams and goals for your retirement, but reaching them takes effective planning and saving. A Citizens Bank Individual Retirement Account (IRA) can help you make your future more secure with a variety of options so you can find the fit that's best for you.
IRAs provide valuable tax advantages for retirement savings, and there's never been a better time to invest in your future with a Citizens Bank IRA. And, of course, the sooner you get started, the more your savings can add up. Choose from a range of IRA products including:
- Traditional IRAs
- Roth IRAs
- SEP IRAs
Put time on your side with tax-deferred growth.
With an Individual Retirement Account (IRA), your retirement savings grow faster thanks to tax advantages*. There are two types of IRAs, Traditional and Roth. IRA earnings always grow tax-deferred. And, qualified Roth distributions may be tax-free. There are eligibility requirements for contributing to an IRA, but most people with earned income, as well as their spouses, can qualify to contribute.
Choose the IRA that's right for you.
- Fixed-rate IRA CDs - with terms from 1 to 120 months that fit your personal financial needs.
- Citizens Bank IRA Savings Plan** - ensure your retirement savings are on track by opening an IRA Savings Plan. This easy plan allows you to make regular IRA contributions in the amount and frequency that fits your budget, so that you can meet your retirement goals.
Citizens Bank Circle Gold Banking® customers may be eligible to earn higher rates.
Consider moving your current retirement savings to Citizens Bank
You may be able to roll over funds from a qualified employer-sponsored retirement plan, such as a 401(k), or another IRA into a Citizens Bank IRA. You can also transfer an existing IRA held at another financial institution to Citizens Bank.
We're here to help as your one-stop source for retirement savings.
For more information, visit a Citizens Bank branch or call 1-800-948-7200.
All accounts and services are subject to approval. IRA distributions may be subject to state taxation depending on the tax law of your state.
* Citizens Bank does not offer tax advice. Consult your tax advisor for IRA eligibility rules and your individual circumstances. Please refer to the Personal Deposit Agreement and Fees and Features Guide for fees and information. See a banker for details and FDIC insurance limitations. Fees may reduce earnings.
**IRA contributions via Steady Save® are for current-year contributions only. See a banker to make a prior-year contribution.
The Citizens Bank IRA Savings Plan consists of a Variable Rate IRA Savings account accompanied by Steady Save. On your statement, your account will be titled Variable Rate Savings IRA.