IRA/401(k) Rollovers
In addition to providing the products and services you need to manage your day-to-day finances, Midwest Bank offers solutions for your longer-term financial goals, including retirement.
Your retirement fund may be the largest sum of money you’ll ever have to accumulate. That’s why you should consider taking advantage of all the retirement-savings opportunities available to you—particularly those offering tax benefits. And that includes an Individual Retirement Account, or IRA.
- Traditional IRA
- Roth IRA
- Rollover IRA
In addition to your employer’s retirement plan, you can contribute up to $5,000 in 2008 to an IRA. The maximum catch up contribution is $1,000. Depending on your personal situation, you may be able to deduct all or a portion of your IRA contributions from your federal income tax, or you may be able to enjoy tax-free distributions in retirement. And, if you’re changing jobs or retiring, we’ll show you how you can keep your retirement dollars working for you, tax-deferred.
For more information visit the Investment Services section or call 1-877-U-Belong (823-5664).
