FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Start planning for retirement by saving with an IRA
Individual Retirement Accounts
Depending upon your goals and personal situation, BankSouth can help select the best plan to meet your needs.
Traditional IRA | Roth IRA | SEP IRA | |
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Key Features | This IRA allows you to save for retirement with pre-tax assets. You will defer paying tax until the funds are withdrawn at retirement. | The Roth plan allows you to invest with after-tax assets, which means you pay the tax up front and after-tax withdrawals are tax free. | A Simplified Employee Pension IRA for the self-employed or small companies allows higher maximum contributions of pre-tax earnings each year. |