With today’s ever changing employment climate, planning for your current and future needs is critical. Investing in an IRA and Health Savings Account can help prepare for life’s expected and unexpected changes.
Individual Retirement Account (IRA): Our Traditional and Roth IRAs allow you to save during your working years for your retirement. The contributions made to a traditional IRA may also be tax deductible (refer to IRS regulations). Our IRA CDs are the perfect solution for a safe, fixed rate investment.
Health Savings Accounts (HSA): HSA’s are tax-exempt accounts where funds grow to pay for medical expenses. HSAs are individually owned and offered in conjunction with a high-deductible health insurance plan. Funds placed into an HSA are taken from pre-tax income dollars and roll-over from year to year, so they can be used to cover both current and future health care expenses.
Our HSA Checking offers competitive variable interest rates on tiered balances. Unlimited check writing, free online banking with unlimited bill payment and unlimited VISA® Debit card transactions are included.
FDIC insurance coverage on all accounts to the maximum allowable.
Call us at 888-929-GRB3 (4723) to learn more about the complete line of personal products and services offered at Grand River Bank.