Roth IRA Roth IRA's allow only non-deductible contributions, but features tax-free withdrawals for certain distribution reasons, after a five-year holding period. Tax-free means free from Federal Income Tax. Eligibility depends on compensation and your modified adjusted gross income (MAGI). No age limit for making contributions. Earnings on your Roth IRA are non-taxable, with certain provisions. Contributions are not subject to taxation or the 10% premature-distribution penalty tax, when distributed. Assets held are not subject to age 72 required minimum distributions. Minimum opening deposit of $100. For more information, please contact the Fowler State Bank Customer Service Department at 765-884-1200 or 800-439-3951. Locations Contact Us Quick Links Traditional & SEP IRA's Investments & Insurance Savings About Us Privacy Policy • Interest Rates • Calculators • Annual Report Get in touch Main Office Fowler: 765.884.1200 or 800.439.3951 Fowler Grant Avenue: 765.884.3241 Kentland: 219.474.5444 or 800.207.3615 Williamsport: 765.762.5504 or 800.439.2802 Newsletter Registration Reorder Checks Contact Us View Site Map Connect With Us