Individual Retirement Account (IRA)
When it comes to retirement, it's never too little and never too late.
When it comes to retirement, it's never too little and never too late.
Contributions are tax-deferred. If you expect your tax rate during retirement to be lower than it is today or if you want to reduce taxable income now, this option may be a better fit for you.
Contributions are made after you are taxed, so you won't pay taxes when making qualified distributions. If you expect to have a higher tax rate at retirement, this option may be a better fit for you.
No matter where you begin, FNBO is with you where you are, by your side, to provide guidance and encouragement along the way. Gain a better understanding of your finances with this simple financial analysis. It takes less than five minutes and you'll receive a personalized report.
Saving for the short term? Learn about our savings account options and let your money grow while still having access to it.
1 Certain qualifications and exceptions apply. Consult your tax advisor for more information.
2 Effective for customers turning 70 ½ after December 31, 2019.