• it takes a village

Classic IRA

The Village Classic IRA is the perfect tool for Rollovers and Transfers to help you save for your future:

  • 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.

All Village Bank IRAs are subject to Federal and State IRA requirements.
Consult your tax adviser for IRS contribution and distribution details.