College Savings Bank Traditional IRA Plan is a tax-deferred retirement savings account. Taxes are paid during distributions made in retirement. Deferring taxes means all of your dividends, interest payments and capital gains can compound each year without being hindered by taxes - allowing your Traditional IRA to grow much faster than a taxable account.
We offer all of our innovative certificates of deposit:
» CollegeSure CD®
» InvestorSure CD®
» Fixed Rate CD®
College Savings Bank ROTH IRA Plan is a retirement savings account funded with after-tax dollars. Since contributions are after-tax, your account grows tax-free. Distributions during retirement from a Roth IRA are not taxable provided that the investor is 59½ or older and the account has been open for at least five years (or another exception applies).