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Retirement

It's never too early or too late to begin planning and saving for retirement. Anyone can open an individual retirement account (IRA), which is an excellent way to start the retirement savings process. An IRA is a qualified savings plan that offers a reliable return and could be insured by the FDIC for up to $250,000. We offer three different plans, so no matter what your long-term retirement goals are, we have an option for you. Learn more about our IRA accounts below.

Traditional IRA Accounts

  • Contributions can be tax-deductible
  • Earnings grow tax-deferred
  • Withdrawals during retirement are subject to federal income tax

Roth IRA

  • Contributions are made with after-tax dollars
  • Contributions are not tax-deductible
  • Earnings grow tax-free

SEP (Simplified Employee Pension) IRA

  • Designed for self-employed individuals and small businesses
  • Qualified employees receive employer contributions

Open a Retirement Account!

Serving the greater Chicagoland area, American Community Bank & Trust is a privately owned, commercial-focused niche bank in Northeast Illinois. Our customers are our top priority–you can count on us to be responsive to all your banking needs. To learn more about our IRA accounts or to open an IRA account, contact our independent registered investment advisors. Our advisors are Certified Financial Planners® who can help you create a plan for retirement savings.

Please contact our independent registered investment advisors who are able to customize a plan to help you invest for retirement. Our advisors are Certified Financial Planners® and have met rigorous industry standards to achieve certification.

Visit our team of trusted, experienced advisors at:

www.amcomwealth.com