Happy Senior Adult Mature Couple with Individual Retirement Accounts (IRAs) Hugging.

Individual Retirement Accounts (IRA)

  • Check Icon
    Traditional IRA

    Take advantage of tax benefits today.

  • Check Icon
    Roth IRA

    Enjoy tax-free withdrawals in the future.

  • Check Icon
    Flex IRA

    Consolidate funds from various retirement accounts.

  • Check Icon
    IRA CD

    Earn a guaranteed interest rate for a fixed term.

Traditional IRA

Contribute Pre-Tax Dollars to a Retirement Account

A traditional IRA can provide tax relief today. Contribute pre-tax dollars to an individual retirement account and let your investments grow tax-deferred. It’s never too soon to start planning for retirement. Contact us today to apply for a traditional IRA from Coastal Community Bank.

Contact Us +

Details

The sooner you open your IRA, the greater your saving potential.

  • Check Icon
    No Income Limits to Open Account
  • Check Icon
    No Minimum Contribution Requirement
  • Check Icon
    Contributions are Tax Deductible on State and Federal Income Tax1
  • Check Icon
    Earnings are Tax-Deferred Until Withdrawal
  • Check Icon
    Withdrawals Can Begin at Age 59½
  • Check Icon
    Mandatory Withdrawals at Age 73
  • Check Icon
    Early Withdrawals Subject to Penalty1
  • Check Icon
    Contribution Limits Apply2

Roth IRA

Tax-Free Withdrawals in Retirement

A Roth IRA can provide you with tax-free income in retirement. Pay taxes on the money you contribute now, rather than later. In return, your money grows tax-free. Start planning for your retirement today. Contact us today to apply for a Roth IRA from Coastal Community Bank.

Contact Us +

Details

There are several advantages to including a Roth IRA within your retirement plan.

  • Check Icon
    Earnings are 100% Tax-Free at Withdrawal1
  • Check Icon
    Principal Contributions Can Be Withdrawn Without Penalty1
  • Check Icon
    Withdrawals on Interest Can Begin at Age 59½
  • Check Icon
    No Mandatory Distribution Ages
  • Check Icon
    No Age Limit Making Contributions if You Have Earned Income
  • Check Icon
    Contribution Limits Apply2
  • Check Icon
    Income Limits to be Eligible to Open a Roth IRA1
  • Check Icon
    Early Withdrawals on Interest Subject to Penalty3

Flex IRA

Start a New IRA or Consolidate Multiple Accounts

Managing your retirement accounts just got a whole lot easier. If you are looking to start a new IRA or consolidate multiple accounts, the Flex IRA from Coastal Community Bank is a great place to start. With no term, no maturity date, or early withdrawal penalty it’s the ideal account for new savers and individuals looking to consolidate multiple retirement accounts. Contact a banker today to learn more.

Contact Us +

Details

There are many advantages to opening a Flex IRA.

  • Check Icon
    Transfer Funds to a Higher Yield Account Without Penalty
  • Check Icon
    Contribute at Any Time After Account Opening
  • Check Icon
    Set Up Automatic Transfers from a Coastal Checking Account
  • Check Icon
    Consolidate Funds from Various Retirement Accounts
  • Check Icon
    No Minimum Contribution Requirement
  • Check Icon
    Open a Flex IRA with $100
  • Check Icon
    No Setup or Maintenance Fees
  • Check Icon
    Contribution Limits Apply2

IRA CD

Take Advantage of Better Rates

With an IRA CD, you earn a guaranteed interest rate for a fixed term. Plus, you get the tax advantages of an individual retirement account. At Coastal Community Bank we offer competitive rates above standard savings rates with fixed terms ranging from 12 months to 5 years. Contact a local banker today to learn more.

Contact Us +

Details

As you grow your funds, take advantage of better rates with fixed-term IRA CDs.

  • Check Icon
    Open an IRA CD with $500
  • Check Icon
    Take Advantage of Higher Interest Rates
  • Check Icon
    Flexible Terms from 12 Months to 5 Years
  • Check Icon
    No Minimum Contribution Requirement
  • Check Icon
    Contribution Limits Apply2
  • Check Icon
    Contribute Each Grace Period at Maturity