Personal Banking




Individual Retirement Accounts

Secure Your Future With An Individual Retirement Account

Is an IRA right for you? Call one of our customer service representatives today at 1-888-440-ROMA (7662).

You may be able to save on your taxes with an Individual Retirement Account, by deducting your qualified contributions from your taxable income. The deductible amount depends on your income, marital status and whether you are an active participant in an employer sponsored plan as defined by the Internal Revenue Service.

With an Individual Retirement Account, you may also be able defer taxes until you retire when you will probably be in a lower tax bracket. You may want to consult your tax advisor to review the tax deductible status of an IRA. Regardless of the amount you'll be able to save now on taxes, an IRA is a smart way for you to save for a secure retirement.

If you're changing employers, or are planning to retire in the near future, you can complete a Direct Rollover of your existing retirement plan into a Roma Bank IRA to avoid mandatory withholding taxes. Roma Bank allows access to your IRA plan without any fees to all participants over age 59 1/2.

For more information about IRA Rollovers, or about opening a new IRA just give us a call at 1-888-440-ROMA (7662).

Click Here to find out if a traditional or Roth IRA is better for you.

Current IRA Rates and Terms

Rates Effective From: DECEMBER 4, 2013
Current rates subject to change.
Certificate/IRA Accounts - Penalties may be imposed for premature withdrawal. Please refer to your Account Agreement Disclosure or contact an Account Representative for additional details, terms and conditions.

Account TypeMinimum DepositRateAnnual Percentage YieldFrequency of CompoundingCredit
Variable & N-Q IRA-1.5 yrs.$500.390.40DailyMonthly
Fixed IRA-3 yrs.$1,0000.590.60DailyQuarterly
Fixed IRA-1.5 yrs.$1,0000.390.40DailyQuarterly
Roth Variable IRA-1.5 yrs.$1,0000.390.40DailyQuarterly
Roth Fixed IRA-3 yrs.$1,0000.590.60DailyQuarterly
Roth Fixed IRA-1.5 yrs.$1,0000.390.40DailyQuarterly

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