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| IRA CDs |
| IRA CD
Rates | |
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Terms |
Rates |
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$1,000-$49,999 |
$50,000 + |
| 12
Month IRA |
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| 24
Month IRA |
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| 36
Month IRA |
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The
primary advantage of a Nexity IRA CD is the potential tax savings. Your Nexity
IRA CD is FDIC insured up to $250,000. You will receive high rates on your investment
and there are no administrative fees. In addition, as with all Nexity Bank deposit
products, you have 24 hour a day, 7 day a week access to your accounts. You can
invest in your Nexity IRA CD by sending in an opening deposit for your annual
or previous year contribution or rolling over funds from an existing IRA or qualified
plan.
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Save for your future
as well as save on the taxes you are paying today! Take advantage of Traditional
IRA CDs which are time deposit accounts that allow you to defer the payment of
taxes on earnings until they are withdrawn. Also, certain deposit contributions
may be tax deductible in the tax year for which they are made. You are eligible
to establish a traditional IRA if you are under the age of 70½ for the entire
year and you have earned income.
| | Roth IRA CDs |
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Like
the Traditional IRA CD, the Roth IRA CD offers you a way to save for your future
and save on taxes as well. With the Roth IRA CD, your contributions are not tax
deductible. However, your withdrawals are tax-free if certain conditions are met.
And, unlike Traditional IRAs, the Roth IRA does not require you to begin withdrawing
funds at age 70½. |
Customer
Service
If you have questions, just call Toll Free 1-877-738-6391 and speak to a Customer Service Representative
or email us at customerservice@nexitybank.com.
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Apply Now!
Annual Percentage Yield
(APY) is accurate as of 5/9/2008 and is subject to change daily.
Fees
could reduce earnings. CDs subject to interest penalty for early withdrawal. Posted
interest rates are available only on personal accounts of less than $250,000. |
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