Bank of Prairie du Sac can help you or your employees prepare for retirement. We offer savings plans for every stage of the retirement planning process. As always, please consult your tax advisor for eligibility and deductions with retirement accounts.
Traditional Retirement Account (IRA)
Contributions may be full or partially deductible and generally are not taxed until distributed. Please consult your tax advisor for eligibility and deductions.
SIMPLE Individual Retirement Account (IRA)
Small employers contribute towards their employees' retirement savings.
Simplified Employee Pension (SEP)
Employers save money in retirement accounts for themselves and their employees.
Contributions are not tax deductible. The account or annuity must be designated as a Roth IRA when the account is opened. Features include:
- Continued contributions after age 70 1/2
- No minimum distribution required
- Satisfy requirements and qualified distributions are tax-free
- Please consult your tax advisor for eligibility and deductions.
Ready to get started?
Visit either of our branch locations to open your account.
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