Premier Individual Retirement Accounts

<ul><li>Traditional IRAs </li></ul>Minimize your taxes now through a deduction.
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  • Traditional IRAs

Minimize your taxes now through a deduction.  The Traditional IRA allows you to defer taxes on earnings on your contributions until they are withdrawn. This is a tax-deferred investment with a possible tax deduction. 

  • Roth IRAs

Minimize your taxes in the future with tax-free earnings.  The Roth IRA allows only nondeductible contributions and features tax-free withdrawals for certain distribution reasons after a 5 year holding period. Since Roth IRA contributions are nondeductible and taxed in the year they're earned, if you expect to be in a higher tax bracket when you retire, you may benefit more from a Roth IRA than from a Traditional IRA.

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Premier Bank - WBL 2151 3rd Street White Bear Lake, MN 55110 651-426-7800

Honesty, Integrity, and Responsiveness are the values that have guided Premier Banks history. They are values that have not been compromised and have served Premier Banks, our customers, and our communities over the course of more than thirty-six years. Premier Banks, chartered in 1974, opened as the smallest of Minnesota's banks.

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