Roth IRA Certificate of Deposit

With the right planning, you can retire on your own terms.

Take a bite out of your tax burden.

A Roth IRA CD comes with a variety of benefits that can help you live life's next chapter exactly as you wish.

  • Choice of investment periods
  • Tax-free withdrawals
  • Higher earnings potential

The details can make a big difference

Roth IRA CDs offer many of the same advantages of Traditional IRA CDs - higher earnings than most savings accounts, tax advantages and a choice of investment periods. But the tax benefits aren't quite the same. Instead of taking deductions every year you make a contribution, you get to make tax-free withdrawals when you retire. At Patriot Bank, we're happy to explain which approach might work best for you.

  • 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 your contributions to grow tax-free
  • Generally allows tax-free and penalty-free withdrawals after age 59½
  • Available for rollover Roth IRA funds
  • In some instances, funds can be used for higher education costs and home purchases

    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.