It’s never too soon to start saving for a comfortable retirement.
Chesapeake Bank makes it easy to put away additional funds – and in many cases, enjoy tax benefits – with your choice of FDIC-insured Individual Retirement Accounts.
We can help you meet your retirement goals. For example, if you want to:
Reap tax savings now - Ask us about a Traditional IRA, which may be fully or partially tax-deductible if certain IRS rules are met.
Reap tax savings later - Ask us about a Roth IRA, which allows tax-free withdrawals at age 59 1/2 or older if certain IRS rules are met.
Combine multiple retirement accounts - Ask us about a Rollover IRA, which lets you move funds out of a qualified retirement plan when you change employers. Special rules and limitations apply.