Roth IRA contributions are not tax deductible but you pay no taxes on any of the earnings on your account if you leave funds in the account for a five-year holding period and make a qualified distribution. Qualified distributions include those made on, or after age 59 1/2, those made to beneficiaries upon your death, those made because you have become disabled, and those made for first-time home buyers.

Account Details

$500 minimum initial deposit
No monthly or annual account fees
Earn high interest rates
Interest is compounded daily and paid to the account monthly
Penalties for early withdrawal apply
Terms are available from 30 days to 3 years
Rates are fixed for the term of the IRA
IRAs will automatically renew unless you contact us for withdrawal
Free access to online banking
Pacific Crest Savings Bank does not provide, nor accept, cash
Contact a banking specialist for more information