

Village Classic IRA
The Village Classic IRA is the perfect tool for Rollovers and Transfers to help you save for your future:
- Deposit up to $4,000 or $5,000 (tax year 2007 $4,000; tax year 2008 $5,000) at any time during the year
- Low $500 opening balance
- No monthly service fee
Who can contribute to a Traditional IRA?
- If you have not reached the year in which you turn age 70 1/2
- If you have earned income from employment equal to or greater than your IRA contribution
Who can contribute to a Roth IRA?
- Unlike the Traditional IRA, there is no 70 1/2 age limit on making contributions. You simply need to have earned income equal to the amount you contribute up to a maximum amount set each year.
Click here to view a comparison chart of Village Bank's Personal IRA Accounts.
More IRA details can be found at the Village Bank Retirement Central.
All Village Bank IRAs are subject to Federal and State IRA requirements.
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