Traditional I.R.A. is a tax-deferred account which a customer, subject to restrictions, can make deposits & earn interest for retirement purposes.
Roth I.R.A. is a nondeductible account that features tax-free withdrawals for certain distribution reasons after a five-year holding period.
Simplified Employee Pension (SEP) is a plan that allows an employer to provide a retirement plan for employees by making a contribution to each eligible employee's traditional I.R.A..
Call 402-586-2266 and talk to Jane or Chris for more details on which I.R.A. account is right for you. Remember, all I.R.A. deposits are insured up to $250,000, member FDIC.
The Truth In Savings Act requires disclosures to be available on all consumer deposit accounts. Truth In Savings and complete services and fees disclosures are available at Commercial State Bank, 519 East Broadway, Wausa, NE 68786 or by phone 402-586-2266, fax us at 402-586-2175.