Individual Retirement Accounts - First Lockhart National Bank
Skip to main content

Online Banking

Online Banking Type

Individual Retirement Accounts

Start saving now and take advantage of possible tax benefits while building a brighter financial future for yourself later on in your life.

We offer both Traditional and ROTH IRA options to best fit your needs and goals.

Traditional IRA

  • Fixed rate
  • Flexible terms
  • Contributions are tax deductible
  • Money grows tax free until withdrawn
  • Knowledgeable advisors
  • Short and long term options available
  • Penalty for early withdrawal
  • Minimum $250 deposit to open

Roth IRA

  • Interest grows tax-free
  • Flexible terms
  • Contributions NOT tax deductible
  • Knowledgeable advisors
  • Short and long term options available
  • Penalty for early withdrawal
  • Fund distribution is tax-free
  • Minimum $500 deposit to open

Please contact us at 877.398.3416 for more details.
Money Growth