Tax-Advantaged* Retirement Savings Competitive dividends above standard savings rates Traditional and Roth IRA options Ability to open a term certificate within your IRA $500 minimum deposit to open term certificate within IRA $100 minimum deposit to open savings account within IRA *Consult your tax adviser. *Product availability may vary by location. Traditional vs. Roth IRA Traditional No income limits to open No minimum contribution in any year allowing flexibility Contributions are tax deductible on state and federal income tax* Withdrawals can begin at age 59½ Early withdrawals subject to penalty** Mandatory withdrawals at age 70½ Taxes on dividends are deferred until retirement Roth IRA Income limits to be eligible to open Roth IRA Contributions are NOT tax deductible Principal contributions can be withdrawn without penalty* Withdrawals on interest can begin at age 59½ Early withdrawals on interest subject to penalty** No mandatory distribution age No age limit on making contributions as long as you have earned income Earnings accumulate tax-free and remain tax-free upon distribution *Subject to some conditions. Consult a tax advisor. **Certain exceptions apply, such as health care, purchasing first home, etc.