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No matter how near or far you are from retiring, the tax advantages of an Individual Retirement Account (IRA) can help you achieve your goals.
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Whether you need to rollover a 401K or you’re just starting to save for retirement, Northrim Bank has the right option for you.
There are two basic types of IRAs for ongoing contributions:
1Federal regulation prohibits you from making a deposit more than every seven days, and not during the first or the last seven days of your CD term. 2 Automatically renews at maturity for the same term at the prevailing rate. No withdrawal penalty during 10-day grace period following maturity. Early withdrawal penalties may apply. No interest paid on balances below minimum.
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