No matter your age or retirement goals, adding an Individual Retirement Account (IRA) to your portfolio could be a smart choice. Align offers fixed-rate certificate of deposit accounts or variable rate accounts. Our goal is to make saving easier. We can help you set up an automatic deduction directly from your paycheck into your account. Rest easy knowing your deposits are always 100% insured. Even better, we'll never charge you a fee. Just another perk of Membership.
With a traditional IRA, you may be able to deduct your annual contributions on your federal income tax return. Your earnings are also 100% free from federal income tax until you decide it's time to withdraw them from your account.
Choose a Roth IRA and your contributions are not tax deductible now. But, if you follow certain rules, your earnings will be tax-free when you withdraw them.
Have a 401(k) from a previous employer? Roll it into an IRA and keep your savings tax-deferred.
Simplified Employee Pension (SEP) Plans
Are you self-employed? Are you part of a sole proprietorship, partnership or small business? SEP Plans are a great way for small employee groups and companies to offer a retirement plan. If you don't have access to a pension, 401(k) or an employee-sponsored retirement program, you may be eligible. In this type of plan, an employer makes contributions to Traditional Individual Retirement Accounts (IRAs) for each eligible employee.
Learn about other ways Align can help your business, including checking, savings, commercial loans, insurance and more.
Need Help Making Sense of your Options?
We have a team of experts who can help. Contact the Align Financial Planning Group
to get more guidance. Or contact your accountant or tax professional.
Visit our Learning Center for more information about IRA options.
To open an IRA, visit one of our branches