Bank of American Fork's individual retirement arrangements (IRAs) are held in CDs, not in the stock market, so you're guaranteed a steady return and are covered by FDIC insurance. Unlike some banks, we don't charge you holding fees or an annual fee.
Depending on the type of IRA you choose, you can earn tax-free or tax-deferred income. After retirement, you can receive distributions from the money in your IRA account.
Variable-rate IRAs require only $10 to open, while fixed-rate IRAs can be opened with either a $500 or a $5,000 minimum opening deposit. Don't wait any longer to start your retirement savings. Open an IRA today.
* Consult your tax advisor for details.