Individual Retirement Accounts

The best way to save for the best years of your life.

  • Choose Traditional or Roth IRAs
  • Benefit from tax advantages
  • Lock in long-term security

When the time comes, you'll be good and ready.

Tomorrow will pass in a flash. So will next year - and those that follow. Before you know it, you'll be accepting hugs and handshakes and saying goodbye to the working world. The key to a comfortable retirement is to start planning for it right now. With a Traditional or Roth IRA, you can make yearly contributions, enjoy tax advantages and end up with the money you need to live happily ever after.

Traditional IRA

  • Contribute up to $6,500 per year ($7,500 if over age 50)
  • Potential tax deductions for each year funds are contributed
  • Interest and dividend income grows tax-free - you pay no taxes until you begin withdrawing money
  • Choose from a range of savings and investment options
  • No annual fees
  • Track progress through Online and Mobile Banking
  • Learn more from the IRA Specialists at Lincoln Savings Bank

Roth IRA

  • Contribute up to $6,500 per year ($7,500 if over age 50)
  • Interest and dividend income grows tax-free
  • All withdrawals are tax-free
  • Choose from a range of savings and investment options
  • No annual fees
  • Track progress through Online and Mobile Banking
  • In some cases, Roth IRA funds can be used to purchase homes and pay for higher education expenses
  • Learn more from the IRA Specialists at Lincoln Savings Bank
Lincoln Savings Bank is a full-service Central and Northeast Iowa bank dedicated to local customers and communities since 1902.