Save for retirement and reduce your taxes.
We want to help you achieve all of your financial goals,
both during and after your working years.
A Traditional IRA at Apple River State Bank and First
Community Bank of Galena is a safe and secure way to
save for retirement while reducing your tax bill at the
Instead of receiving a tax break for money placed into
the plan, Roth IRA's receive tax-free distributions when
money is withdrawn from the plan during retirement if
qualifying conditions are met.
For 2015, your total contributions to all of your
traditional and Roth IRAs cannot be more than $5,500, or
$6,500 if you're age 50 or older. The deadline for
making 2015 IRA contributions is April 18, 2016.
If you're changing jobs or about to retire, rolling over
your retirement account to a secure investment is also
Call or stop by today!
Or, we can
contact you at your convenience.