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
2.65%APY*
$2,000balance to open
$2,000balance to
obtain APY
2 year
2.75%APY*
$2,000balance to open
$2,000balance to
obtain APY
3 year
2.75%APY*
$2,000balance to open
$2,000balance to
obtain APY
4 year
2.80%APY*
$2,000balance to open
$2,000balance to
obtain APY
5 year
2.95%APY*
$2,000balance to open
$2,000balance to
obtain APY

Roth IRA**

  
You make contributions with after-tax assets. Transactions within the IRA have no tax impact and withdrawals are usually tax-free.

Open Account

Traditional IRA** 

Your contributions are typically tax-deductible (made with pre-tax assets) and all transactions and earnings within the IRA have no tax impact. Withdrawals following retirement are taxed as regular income.

Open Account

 

*APY Annual Percentage Yield as of 5/30/2019. 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.

**Individual circumstances may apply. Please consult your tax advisor.