Individual Retirement Services
Individual retirement services include individual retirement accounts (IRAs) and are used to save money for your retirement. IRAs are different from 401(k) accounts in that they are opened at a bank and not offered through your employer.
First National Bank & Trust offers different types of IRAs and we work with you to select the appropriate type of IRA to fulfill your investment goals.
Rollover/Conversion IRA Services
Rollover and conversion IRA services are provided in a variety of circumstances. By maintaining an IRA, taxes on investment earnings as well as the capital rolled over are deferred until withdrawn. A wide range of investment opportunities such as stocks, bonds and mutual funds are available with this service. Some benefits include:
- A direct rollover from the employer's plan can prevent current taxability.
- Direct transfers from other IRAs may also be made to take advantage of our Investment Management Services.
- Roth conversion evaluations.
Investments made in trust accounts are not deposits or obligations of, or guaranteed by First National Bank & Trust, are not insured by the FDIC or any government agency, and may lose value.