Fixed-Rate Certificates
- Ask an associate for available terms and the current rate.
- Numerous rates and terms are available.
A penalty for early withdrawal is not described on the CDs page. Ask before you open the account.
Personal · CDs & IRAs
Fixed-rate certificates, Traditional IRAs, and Roth IRAs.
Terms vary. A dollar opening balance is not published. Call (800) 287-7500 for current rates, or ask an associate.
Fixed-Rate Certificates
A rate guaranteed for the term you choose.
Fixed-rate certificates. Terms vary. Opening balances are described as low; a dollar minimum is not published.
- Ask an associate for available terms and the current rate.
- Numerous rates and terms are available.
Traditional IRA
Tax-deferred earnings.
A Traditional IRA for anyone with earned compensation. Contributions may be deductible depending on a retirement plan and adjusted gross income.
- Investment income may be tax-deferred.
- This is a description of the account NECB publishes. It is not tax advice.
Roth IRA
Contributions are not deductible.
A Roth IRA for anyone of any age with earned compensation, up to income limits.
- NECB states that Roth growth is free of federal tax.
- Based on IRS requirements, contributed money can be withdrawn tax-free at any time.
- This is not tax advice.
Compare
| Fixed-Rate Certificates | Traditional IRA | Roth IRA | |
|---|---|---|---|
| Terms | Not published | — | — |
| Minimum | Not published | — | — |
| Rate | Fixed for the term — call (800) 287-7500 | — | — |
| Renewal | Not published | — | — |
| Who can contribute | — | Anyone with earned compensation | Any age, with earned compensation, up to income limits |
| Contributions deductible | — | Subject to plan and adjusted gross income | No |
| Withdrawals | — | Earnings and deductible contributions are taxed | Contributions, and qualified earnings, free of federal tax |
| Required distributions | — | Must begin after age 73 | None during the owner’s lifetime |
Traditional IRA
- Investment income may be tax-deferred.
- This is a description of the account NECB publishes. It is not tax advice.
Roth IRA
- NECB states that Roth growth is free of federal tax.
- Based on IRS requirements, contributed money can be withdrawn tax-free at any time.
- This is not tax advice.