This page uses JavaScript. Your browser either does not support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser.
First South Financial Go to main content Search
facebookTwitterLinkedIn
Home

ONLINE BANKING

Mobile Banking Login

INDIVIDUAL RETIREMENT ACCOUNT (IRA)

flexible savings options with potential tax benefits

Saving for retirement? IRAs can be a great way to supplement a 401(K) or other employer-sponsored plan. We offer the following types:

Traditional IRAs

These IRAs offer the following benefits:

  • Terms from 3 to 60 months
  • Tax-deductible contributions*
  • Tax-deferred earnings*
  • Required minimum distribution after 70 1/2 

Roth IRAs

These IRAs are bit different than a Traditional IRA in that they offer you:

  • Terms from 3 to 60 months
  • Tax-free growth on earnings*
  • Tax-free withdrawals during retirement*
  • No required minimum distribution after 70 1/2

Coverdell IRAs/ESAs (Educational Savings Accounts)

These IRAs/ESAs are designed to provide you with:

  • Terms from 3 to 60 months
  • A specific way to save for college or other higher-educational related expenses
  • Tax - free and penalty-free withdrawals for qualified educational expenses*

And you can always rest assured you're getting the best rate in our market with our Guaranteed Best Rates promise. Plus, our IRAs and ESAs are federally insured up to $250,000.*

check our current CD and IRA rates

If you'd like more information about our IRA, HSA and ESA accounts, please click on one of the links listed below:

Roth IRAs - Answers to Your Questions Exploring your IRA Options
Traditional IRAs - Answers to Your Questions Balancing Rising Health Care Costs with Health Savings Accounts (HSAs)
Rolling your way to a better retirement Moving to a Roth IRA
Growing Your Savings with IRAs Eligibility for Roth vs Traditional IRAs
Coverdell Educational Savings Accounts (ESAs)  

*Please consult your tax advisor as to your eligibility to open an IRA or ESA. Offers are subject change or withdrawal without notice. Minimum opening deposit is $100. Please see for complete details.

Go to main navigation