Individual Retirement Account 1 (IRA)
You want to make your retirement vision a reality. That's why
it's important to start planning today with an IRA account from
Northland Financial. By investing in an IRA, using a certificate of deposit
or savings account as the investment vehicle, you can secure your
retirement dollars without the risk of market fluctuations.
Types of IRAs
Traditional IRA
- Contributions may be tax deductible 1
- Earnings accumulate tax-deferred 1
Roth IRA
- Contributions are made with after-tax dollars and grow tax-deferred
- Contributions are allowed at any age
- Qualified distributions are tax-free
- Flexible withdrawal options are available
IRA Certificate of Deposit Account Specials
- 6, 12 or There was an error finding this print data.
Please ensure the files exist, are well-formed and that the values are present. term
- $2,500 minimum balance
- Fixed or variable interest rate options1
- Flexible Interest Payment Options
- Automatic renewal
IRA Certificate of Deposit Account
- Terms range from 3 - 60 months
- $500 minimum balance
- Fixed interest rate
- Flexible interest payment options
- Automatic renewal
IRA Savings Account
- No minimum balance
- Variable rate of interest 2
- No maturity date
- Free online statement available
To find the IRA option that works best for you, view our Deposit Rates
For more information, download the retirement accounts brochure
Health Savings Account (HSA)
An HSA is a great way to help you manage the costs of medical expenses. To use your HSA for qualified expenses, simply use your Health Savings Account Cash and Check Card or write a check
- Designed to cover medical expenses
- Available to individuals covered by a high deductible health plan
- HSA contributions, made by employer or employee, are excluded from income
- HSA earnings are tax-deferred 3
- HSA assets are tax free if used for qualified medical expenses 3
V iew Deposit Rates for current Health Savings Accounts rate information
1Subject to availability
2Interest is earned daily, compounded and credited quarterly
3Consult your tax advisor for complete information
4Subject to qualification
