Retirement

A relaxing retirement starts with a plan

Traditional IRA

  • Contributions may be tax-deductible
  • Anyone under the age of 70 1/2 with earned income can contribute
  • Make penalty-fee withdrawals after the age 59 1/2

Roth IRA

  • Make tax-free withdrawals once you're in retirement
  • Withdraw contributions penalty-free after your account has been open for 5 years
  • Once you're 59 1/2, you can withdraw contributions penalty free at any time

SEP IRA

  • A low-cost, easy to maintain retirement plan for business owners and their employees
  • No required annual contributions
  • Employers retain 100% ownership of their investments

SIMPLE IRA

  • Available for small businesses with 100 employees or fewer
  • Enables employees to make pre-tax salary deferral contributions
  • Employer contributions can match dollar-for-dollar or a flat percentage of wages

Not sure where to start? Let us help you down the path to successful retirement.

Insights

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Feel confident you're making the right choices

  • Find out how much money you need to retire
  • Let us show you how you can take care of college
  • Find out how much house you can comfortably afford

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Your investments in securities, annuities and insurance are not insured by the FDIC or any other federal government agency and may lose value. They are not a deposit or other obligation of, or guaranteed by any bank or bank affiliate and are subject to investment risks, including possible loss of the principal amount invested. Past performance does not guarantee future results.

First Citizens Wealth Management is a registered trademark of First Citizens BancShares, Inc. First Citizens Wealth Management products and services are offered by First-Citizens Bank & Trust Company, Member FDIC; First Citizens Investor Services, Inc., Member FINRA and SIPC, an SEC-registered broker-dealer and investment advisor; and First Citizens Asset Management, Inc., an SEC-registered investment advisor.

Brokerage and investment advisory services are offered through First Citizens Investor Services, Inc., Member FINRA and SIPC. First Citizens Asset Management, Inc. provides investment advisory services.

Bank deposit products are offered by First Citizens Bank, Member FDIC.

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