IRA Certificate of Deposit

Give yourself something to look forward to.

Start saving now for the golden years ahead.

With IRA CDs, you can take advantage of higher interest earnings and tax breaks that can stretch your savings even further.

  • Choice of investment periods
  • Tax advantages
  • Higher interest earnings

With the right planning, you can live quite comfortably

Everyone has their own idea of the ideal retirement lifestyle. No matter how you plan to spend your days,  you'll need enough money to cover expenses, with some left over for life's pleasures. IRA Certificates of Deposit are an ideal way to gear up your long-term finances. With solid saving rates and a range of tax advantages, IRAs can provide you with the income necessary to live exactly as you choose.   

  • Choose CDs ranging from 3 months to 5 years
  • Contribute up to set IRS limits annually
  • Minimum opening deposit of $500
  • Has a fixed interest rate until the maturity date.
  • Allows for tax deductible contributions
  • Allows money to grow tax deferred
  • Withdrawals after age 59½ are treated as current income
  • Available for rollover IRA funds
  • No CD penalties when funds are withdrawn as part of a normal distribution after age 59½

    For complete details of all account terms and conditions, please review the disclosure information.

Patriot Bank is a full-service financial institution with branches in the Connecticut counties of Fairfield and New Haven, as well as in Scarsdale, New York.