Individual Retirement Accounts

Build your tomorrow. Start an IRA today.

Individual Retirement Accounts (IRAs)

Individual Retirement Accounts (IRAs) are one of the smartest ways to save for your retirement. Tax advantages and great interest rates help you build your funds.

You can contribute to a Broadway Bank IRA even if you already have an employer-sponsored retirement plan. Plus, Broadway Bank IRAs have no annual fee and are separately insured by the FDIC.

Money Market IRA

Earns money market rates based on market conditions
Allows multiple contributions
A minimum of $2,000 is required as an
opening deposit

Fixed-Rate IRA

Open with just $1,000
Lock in a fixed interest rate, with terms ranging from one year to five years
Additional deposits are accepted at maturity

Variable-Rate IRA

Open with just $100
Earn a variable rate of interest over a fixed
of 18 months (rates can change at any time)
Additional deposits are accepted

Traditional IRA

Roth IRA

Coverdell Education Savings Account

Current Rates

Resoures:

Making a Good Deal for Retirement Even Better

To Convert or Not to Convert, That is the Question

Why You Need a Roth IRA

Information About Roth IRAs

2010 IRA Contribution and Deduction Limits

Effect of Modified AGI on Roth IRA Contributions

IRA Online Resource Guide - Regulations

The Truth in Savings Act requires disclosures to be available on all consumer deposit accounts. Please inquire at any Broadway Bank location or call 1-800-531-7650 for a separate Truth in Savings Act disclosure.