By choosing a Roth IRA, you are able to invest after-tax dollars and take withdrawals completely tax free. To withdrawal without penalty, your Roth IRA must be open for at least 5 years and meet one of the following criteria: must be over the age of 59 1/2, you’re a first-time homebuyer, you are disabled, or withdrawals made by a beneficiary after you die. To decide if a Roth IRA is the right choice for you, browse IRA Options for more details.
Open a CD or Money Market Roth IRA
Your retirement years may be a long way off, or just around the corner. Until then, your day-to-day focus needs to be on building your career, not your retirement savings. You have the ability to open your new Roth IRA or rollover an existing Roth IRA online through two interest-bearing options: money market account or certificate-of-deposit (CD). To get started on preparing for your retirement, open a Roth IRA today.
Ways to Invest Your Roth IRA
CNB offers a comprehensive suite of investment options for all retirement accounts, no matter how much you have to invest. Discover the many ways you can invest your Roth IRA through CNB’s ChosenTM Investment Strategies. Please contact us at 585-419-0670 for a free consultation to discuss your personal retirement needs, and let us help you achieve your goals.
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or if you would like to speak with a Financial Services Professional, please call 585.419.0670.