IRAs
Getting Ready for Retirement
It is never too early to start saving for retirement — in fact, the sooner, the better! Bank of Prairie du Sac offers a variety of retirement plans, including:
- Traditional IRAs
- Roth IRAs
- Simplified Employee Pension (SEP)
- SIMPLE plans
Consult with your tax advisor for eligibility information and to see if contributions may be tax deductible. Penalties may be imposed for early withdrawal.
IRA Rates
| Account | Minimum Balance to Open Account | Minimum Balance to Obtain Annual Percentage Yield | Interest Rate | Annual Percentage Yield | |
|---|---|---|---|---|---|
| 1 Year IRA | $25.00 | $25.00 | 3.60% | 3.60% | |
| 2 Year IRA | $500.00 | $500.00 | 3.35% | 3.35% | |
| 3 Year IRA | $500.00 | $500.00 | 3.25% | 3.25% |
