RETIREMENT ACCOUNTS

Savoy offers a variety of options to make the most of your retirement resources. Call us to learn which account and investment strategy will best serve your retirement goals.

1 year
2.25%APY*
$2,000balance to open
$2,000balance to
obtain APY
2 year
2.30%APY*
$2,000balance to open
$2,000balance to
obtain APY
3 year
2.35%APY*
$2,000balance to open
$2,000balance to
obtain APY
4 year
2.40%APY*
$2,000balance to open
$2,000balance to
obtain APY
5 year
2.50%APY*
$2,000balance to open
$2,000balance to
obtain APY

Roth IRA

  
You make contributions with after-tax assets. Transactions within the IRA (Individual Retirement Account) have no tax impact and withdrawals are usually tax-free.Individual circumstances may apply. Please consult your tax adviser.

Open Account

Traditional IRA
Your contributions are typically tax-deductible (made with pre-tax assets) and all transactions and earnings within the IRA Individual Retirement Account) have no tax impact. Withdrawals following retirement are taxed as regular income. Individual circumstances may apply. Please consult your tax adviser.

Open Account

 

*APY Annual Percentage Yield is based on interest compounded daily as of 8/2/2019 for IRA CDs opened at less than $100,000.00. Interest will not compound on IRA CDs opened at $100,000.00 or more. Interest rate and APY may change after account is open. Fees may reduce earnings on the account. A penalty may be charged for early withdrawal.