There are a few IRA options to consider. Before you make your decision, below are two options that may be right for you. All of our IRAs offer interest – plus, each IRA has its own tax advantages. To help in calculating your contribution limits, go to bankrate.com to learn more.
A traditional Hanover Bank IRA is one of the best ways to invest money over the long term. With an IRA account, your funds are invested in Certificates of Deposit with fixed terms that are FDIC insured.
For many people, the Roth IRA is the best way to save for retirement. In fact, it is so flexible the you can use it to save for a home or adapt it to other major financial goals. Imagine tax-free earnings on your investment!
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