Retirement Plans Retirement Plans Let us help you sort out the many options.
IRAs are back in the news, and with good reason.
New kinds of accounts, as well as new rules on contributions, deductions and withdrawals, make Individual Retirement Accounts an important part of financial planning today. Whether you've had an IRA for years, or are just now looking into them, CompassBank can help you sort through all the options, providing the information you need to make the right decisions. Click here for the most current rates. This account allows funds to be set aside for the specific purpose of a child's higher education. Although the contributions are not deductible, withdrawals can be made tax-free any year that educational expenses occur.