An FFB IRA can help secure financial security

  • IRAs are insured separately by the FDIC regardless of additional First Fidelity account relationships...
  • Contributions to an IRA account may be made up until the designated personal tax filing date, generally, April 15th following the end of the tax year
Contributions may be made to an IRA throughout a current tax year

First Fidelity Bank offers a variety of IRA options to meet your needs. Click below to learn more about the various options.

Traditional IRA
Interest is tax deferred. In some cases, the contributions to a Traditional IRA is tax deductible. The individual may not be a participant in an employer-sponsored pension or profit-sharing plan and must meet IRA income requirements.

Interest earned is tax-free. All withdrawals, including earnings, are tax-free if the account has been opened for five years and the account holder is age 59 1/2 or older. Withdrawals that do not include earnings are tax-free at any time. Consult a tax advisor.

Other IRAs
Other IRAs are available through First Fidelity Financial Group.

Securities products are offered through Cetera Investment Services LLC, member FINRA/SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Neither firm is affiliated with First Fidelity Bank. Advisory services are only offered by Investment Adviser Representatives.

Investments are:

Disclaimer stating certain products are not FDIC Insured, not guaranteed, and may lose value

Should I open a Roth IRA? A Traditional IRA? Or put a little money in both?
These are questions many taxpayers ask.

Is it beneficial?
Generally, a Traditional IRA may be beneficial if you are eligible to make deductible contributions and expect your tax rate during retirement to be lower than it is today. On the other hand, a Roth IRA may be a wise choice if you expect your tax rate to be the same or higher during retirement.

The answer depends on each unique situation, and a Financial Advisor can help you choose an IRA that's right for you.

First Fidelity Bank offers an IRA to fit your specific goal. For more information, call us or stop by one of our convenient neighborhood locations. Contact your tax advisor for specific tax savings.