Achieve your unique financial goals with an individual retirement plan, so you can aspire to more when planning for life after work.
Accounts from other financial institutions can also be combined into one IRA with Peoples Bank. If you will be receiving disbursements from a former employer’s 401(k) or another retirement savings plan prior to retirement, you can defer taxes on the money by transferring these funds into a Rollover IRA Account.
Defer pretax dollars for retirement, up to certain annual limits, and let funds grow tax-deferred until withdrawn.
Save after-tax dollars for retirement, and earnings will grow tax-free and qualified withdrawals will not taxed.
SOCIAL SECURITY OPTIMIZATION
When you’re ready to begin receiving social security, we can help. Our Wealth experts can help determine the best approach for receiving social security benefits at a pace that suits you best.
Our Wealth team can help manage your day-to-day expenses with periodic bill payment assistance, freeing up time and eliminating added stress from your daily life.