Individual Retirement Account (IRA)
When you finally retire, you should get a lot more than just a congratulatory card. Build your savings with a tax-advantaged IRA from American Bank.
We offer traditional and Roth IRAs as well as Educational Savings Accounts (ESAs) to help you provide for future educational costs. Start saving now so when you're ready to be free of that job, you have the money to really enjoy it!
- Set aside funds for retirement
- Interest bearing accounts
- Traditional, Roth, SEP, SIMPLE, and ESA options
- Some age and deposit limits apply
- Deposits can be tax-free or tax-deferred
- Many flexible packages to meet most needs
- FDIC insured up to $250,000
Note: Your account will be assessed a $25 termination fee when the account is closed.
Start building a brighter future without sacrificing your present. This flexible interest bearing account helps you save for retirement while still offering you anytime access to your money when you need it.
There's no monthly fee, minimum balance requirement, or penalty for accessing your funds. Just a convenient way to save, so your golden years are the best they can be.