We believe that you should reap the benefits of your working life. An IRA from Woodland Bank is a great way to start saving for your future retirement. Whether you want to travel the country, attend every Vikings game, or just spend quality time with your family, our IRAs will help make your goals a reality. And with two savings options that both offer significant tax benefits,* you can’t go wrong.
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There are advantages to both traditional and Roth IRAs. One of the main differences is the time at which you see the most advantage. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.
Higher education can become a financial burden. A Coverdell Education Savings Account (ESA) is designed to help lighten the load.
*Consult a tax advisor.