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

Comparison table of IRAs
Account Minimum Balance to Open Account Minimum Balance to Obtain Annual Percentage Yield Interest Rate Annual Percentage Yield  
1 Year IRA $25 $25.00 4.00% 4.00%  
2 Year IRA $500 $500.00 3.50% 3.50%  
3 Year IRA $500 $500.00 3.30% 3.30%  

Learn more about retirement income and investment strategies from Park Avenue Investments and Trust Point. 

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Retirement Calculator

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