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savings | IRAs
At Norbel, we can help you find a retirement savings option that's best for you and your needs!

Traditional IRA plan
  • contributions may be tax deductible
  • dividends are tax-deferred until the time of withdrawal
  • funds can be transferred from another Traditional IRA plan or qualified retirement fund

Roth IRA plan
  • contributions may be withdrawn at any time, tax-free
  • contributions are not tax deductible
  • dividends may be tax-free (ask for details)

Within those two IRA plans, you may choose two ways to invest. If you'd prefer not to tie up your money for a period of time, a share account would be the best choice for you.

IRA share account
  • minimum balance of $100 to open and maintain
  • pays dividends quarterly
  • payroll deduction can be done into the IRA share account
  • contributions to the account may be made at any time

IRA share certificates
  • minimum balance of $1,000 to open
  • time deposit, meaning you choose a term from 3-60 months
  • rate is based on term chosen
  • pays dividends quarterly

For information on any of these IRA options, please call or visit any Norbel branch (Broomfield, Fort Collins, Greeley, Longmont, Loveland).

 

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