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| Who knew that investing for retirement could be so
affordable? With an EasySaver™ IRA, you can start with as little
as $100. And once your nest egg begins to grow, you have the power to
transfer funds to a higher-yielding retirement CD. Easy! Not only will you access the
tax benefits that make IRAs such an advantageous way to invest, your
money is FDIC-insured for risk-free investing. |
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Learn more about EasySaver™ IRAs by reading our answers to Frequently Asked Questions.
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Features of EasySaver™ IRA
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- Earnings are either tax-deferred or tax-free
- Make deposits anytime, in any amount within IRS guidelines
- Contributions may be tax-deductible (consult your tax adviser)
- Tiered interest rates — higher balances earn higher interest
- FDIC-insured
- No monthly service charge
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Minimum Opening Deposit
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$100
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Account Specifications
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- No maturity date
- No bank penalty for withdrawals (although there may be an IRS penalty)
- No bank or IRS penalty for direct transfers to an IRA CD
- Interest compounded quarterly
- No minimum balance to earn interest
- Quarterly activity statement
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Details
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Transferring Money to Another IRA - As your
EasySaver IRA grows, you may want to transfer money to a higher-earning
investment, such as one of our IRA Certificates of Deposit. There's no tax or
interest penalty for transferring money directly from one account to another.
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Guaranty Bank offers a variety of services that provide convenience and security to your accounts.
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