Savings Accounts

Individual Retirement Accounts

It's impossible to know what the future will bring -- that's why it's so important to take steps now to ensure a financially secure retirement. One way to do this is with an Individual Retirement Account (IRA) from Chemical Bank.

An IRA is a long-term savings plan that allows you to invest for your future and enjoy maximum tax advantages along the way. With an IRA, your earnings are tax-deferred until you withdraw them -- this means that your savings will accumulate at a faster rate. Consult your tax advisor for information about deductibility of your IRA deposits.

At Chemical Bank, we have a variety of IRA options, with very attractive features, to help you meet your retirement needs:

• low minimum required investment; choose the amount you wish to contribute up to the maximum allowed by law
• maturities from 6-60 months
• competitive interest rates
• fixed and variable interest rate options
• single maturity and automatic renewal options
• no fees or service charges to maintain your IRA
• self-directed options are available through our Trust Department and CFC Investment Center*

* Certain self-directed options may involve investments which are not bank deposits, such as annuities, mutual funds and securities. These alternative investment options are not FDIC insured, are not warranted or guaranteed by Chemical Bank and may involve loss of principal.

Let us help answer your questions about types of IRA's, eligibility, contributions transfers, rollovers, distributions, etc. Stop by or call any of our Locations to speak with a Chemical Bank professional and to receive a copy of our "Plain Talk About Retirement Savings" brochure.

Savings Calculator