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If you are under age 70 ½, with earned income, open an IRA at BLC Community Bank now and take your first step in building a more secure retirement.
- Earn high yield interest rates.
- Contribute 100% of earned income or the annual maximum, whichever is less.
- An individual who reaches age 50 before the close of the taxable year may contribute an additional "catch up" contribution for that taxable year.
- Consult your tax advisor regarding retirement investing.
IRA Certificate of Deposit
IRA Time Open Account (TDOA)
- A flexible IRA which allows deposits at any time without extending the 18 month maturity.
- Interest is compounded daily and credited to your account semi-annually.
- Click here for Current Rates
Roth IRA
- Tax-free withdrawals after a five year holding period.
- Consult your tax advisor for allowable withdrawals.
- Tied to any of our Certificate of Deposit products or a Time Open Account (TDOA).
- Click here for Current Rates
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