We've increased our rates (and caps) on Kasasa Cash® and Kasasa Saver®!
An Individual Retirement Account (IRA) is one of the most effective ways to accumulate retirement savings. There are several types of IRAs and they are among the simplest of retirement plans. You can open an Individual Retirement Account with as little as $100.
Learn about our Individual Retirement Account options below. If you don't see what you're looking for on this list, or if you have additional questions, give us a call at 731-925-9001 or stop by one of our convenient locations.
It is recommended that you seek tax advice from your tax advisor to ensure that you select the IRA that best fits your needs. You can choose a maturity term from 6 months to 4 years for a guaranteed interest rate. Early withdrawal penalties may apply.
We offer many different IRA Plans. The most common used are Traditional and ROTH IRA’s, but we also offer SEP accounts, Beneficiary IRA’s, and Coverdell Education Savings Accounts.
If you have received a disbursement from a qualified plan, profit sharing, or have an IRA maturing at another financial institution, you can roll these funds into an IRA and maintain a tax-deferred status on the funds. The funds must be deposited within 60 days of receipt in order to defer taxes until retirement.
You can transfer your IRA from another institution directly to The Hardin County Bank. Our staff will be happy to initiate an IRA transfer for you.