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Individuals can contribute up to $6,000.00 to an IRA ($7,000.00 if you are over 50 years old) for the 2020 tax year.  A maximum of $2,000.00 per year can be deposited into a Coverdell Education Savings Account (formerly Education IRA) for each child.

See us for options on your IRA money, converting your 401(k), or simply getting started on a savings plan that can make the future very rewarding.

The same rates and terms as any certificate offered at Lake City Federal Bank can be used for your retirement investment.

Whether it be a regular IRA, Spousal, ROTH or Coverdell Education Savings Account (formerly Education IRA), Lake City Federal Bank can help you meet your retirement savings goals.

Our IRA specialists would be happy to provide more information and help answer your IRA questions.

Contact our office for additional terms and conditions.