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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

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    Benefits with every Northland Financial individual retirement account:


               

           

  • $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

Benefits with every Northland Financial health savings account:


  • 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