Seasons Change; Be Ready
When life winds down and you crave some rest, a Limestone Roth IRA gives you what you need for that to really happen. Once you open an account and start adding to it, your future starts to improve. When retirement arrives, you’ll be good to go.
- Tax-free withdrawals in retirement
- Contribute now for financial stability later in life
- Retire when you’re ready
I.R.A. Accounts
Rates Effective as of: 11-21-2024
| A.P.R. | A.P.Y. |
|---|---|
| 2.48% | 2.50% |
A.P.R. = Annual Percentage Rate
A.P.Y. = Annual Percentage Yield
Rates subject to change at any time without notice
The biggest difference between a Roth and a Traditional IRA is how and when you get a tax break. The tax advantage of a Traditional IRA is that your contributions are tax-deductible in the year they are made. The tax advantage of a Roth IRA is that your withdrawals in retirement are not taxed.
No, you are never required to take the required minimum distribution.
Up to $6,500.00 for 2023 tax year and $7,000 for 2024 tax year (plus an additional $1,000.00 if you are 50 or older). Contribution limits are subject to annual cost-of-living adjustments.
YES – but the total contributions cannot exceed the annual contribution limit.
You have until April 15th on the following year for the previous year contributions.
Look Forward to Retirement
It's easy to start saving more. Just give us a ring to open your Roth IRA today.
