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An Individual Retirement Account (IRA) is the smart way to save for retirement. An IRA at Vantage Bank Texas is FDIC insured and has guaranteed rates of return, making it a safe and sensible investment. Plus, get fixed rates, no management fees and quarterly compounded interest. IRA terms available in 18, 24 and 36 months. The minimum opening deposit is $1,000.
Traditional IRA
Annual contributions to a traditional IRA may be tax deductible. Earnings grow tax-deferred until withdrawn. Traditional IRAs accept rollovers from eligible employee retirement plans like 401k, 403b or 457b governmental plans. You can also transfer the assets from an existing IRA or a new IRA at Vantage Bank Texas.