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INDIVIDUAL RETIREMENT ACCOUNT
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Individual Retirement Account
An IRA is a great way to save for your future. Competitive dividends
are paid on both regular IRA Savings Accounts and IRA Savings
Certificates. Traditional, Roth and the Covedale Savings Account
(Education IRAs) are available.
Traditional IRAs
Wouldn't it be nice if you could plant a money tree in the
backyard, and whenever you needed a little extra cash, you could pick a
few bills? The traditional IRA could be the next best thing! With a
little patience, and steady contributions, you'll see your IRA grow
into an account that will help provide safety and security for you and
your family for years to come.
Roth IRAs
The Roth IRA offers unique and exciting savings
opportunities. Not only can it help with retirement needs, but also a
first-time home purchase or other financial goals. This flexibility
makes the Roth IRA appealing to many different age and income groups.
Although it's not a one-size-fits-all solution, the Roth IRA will give
many members an easy and safe way to plan for the future.
Education IRAs (Covedale Education Savings Accounts)
Seeing a child work toward a college degree is every parent's dream.
Unfortunately, this dream can be a nightmare in one respect – the
frightful cost of that college degree. If you're wondering how you'll
pay for your child's education, an Education IRA (now known as the
Covedale Education Savings Account) can be a smart way to save.
Although contributions to an Education IRA are not tax-deductible, your
withdrawals (including earnings) are tax-free if used for tuition,
books, and other qualified higher-education expenses.
Click here for current rates.
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Main Office
577 Dudley Road, Edgewood, KY 41017 | ATM at this location
(859)344-7900 | Fax (859)344-7910
St. Elizabeth Medical Center, South Unit
One Medical Village Drive, Edgewood, KY 41017 | ATM at this location
St. Elizabeth Medical Center, North Unit
401 E. 20th Street, Covington, KY 41014 | ATM at this location |
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