We'll help you prepare for your golden years.
Make your savings grow and your tax burden shrink.
The years pass quickly. One day we're launching a new career, the next we're looking forward to leaving the workforce. Now's the time to start saving for that next big chapter in your life. At Paducah Bank, we can set you up with an Individual Retirement Account that suits your finances and lifestyle.
- Traditional IRAs offer annual tax deductions as you contribute to your account
- Roth IRAs allow you to withdraw your money tax-free when you retire
- Monitor and manage accounts with online banking and mobile banking tools
Here's something else for our customers to consider: Both Traditional IRAs and Roth IRAs can be used to cover higher-education expenses. It's a good idea to consult your accountant or financial advisor to discuss this use of the money and other tax matters involving IRAs.
Contact us to open an Individual Retirement Account (IRA) or schedule an appointment at one of our Paducah or Louisville, Kentucky branches.