Whether you’re looking to save for retirement or medical expenses or something else, we can help.
Individual Retirement Accounts are another great way to save for your retirement. The Wanda State Bank offers both Traditional and Roth IRA’s. Traditional IRA’s allow you to contribute during your working years with funds that will be tax deferred until withdrawn, and the contributions may also reduce your taxable income. Roth IRA’s offer tax-savings benefits to qualifying taxpayers and may allow tax free withdrawals if certain requirements are met.