Login Individual Login Cash Management Login

Citizens Bank & Trust Co.

Your Hometown Bank Since 1886

Facebook
  • News
  • About
  • Locations
  • Contact
Individual Login
Username:
Password:
Enroll now. Forgot Password?
Cash Management Login
Username:
Password:
Lost or Damaged Token Forgot password or PIN?
Menu
  • Personal Banking
    • personal-banking Citizens Bank & Trust serves all your Personal Banking needs.
    • Manage Your Money
      • Checking & Savings
      • E-Checking
      • Student Checking Account
      • Little Tigers
      • Certificate of Deposit
      • Snowbirds
      • Fraud Prevention
      • ATM & Debit Cards
      • Telephone Banking
    • Borrow Money
      • Mortgage Loans
      • Consumer Loans
      • Home Equity Loans
      • Personal Credit Card
    • Online and Mobile Services
      • Online Banking
      • Online Bill Pay
      • Mobile Banking
      • Mobile Deposit
      • Digital Wallet
      • Zelle®
      • External Transfer
    • Invest for the Future
      • IRA
    • Resources & Tools
      • Forms
      • Financial Calculators
      • Rates & Specials
      • FAQ’s
    • Close
  • Business Banking
    • personal-banking Citizens Bank & Trust serves all your Business Banking needs.
    • Manage Your Money
      • Business Checking and Savings
      • Non-Profit Checking
      • Shazam Merchant Processing
      • Telephone Banking
    • Borrow Money
      • Ag Loans
      • Business Loans
      • CB Small Business Readiness Tool
      • CB Business Credit Card
    • Online and Mobile Services
      • Online Banking
      • Online Bill Pay
      • CB Mobile Banking
      • CB Remote Deposit
    • Resources & Tools
      • Forms
      • CB Small Business Readiness Tool
      • Financial Calculators
      • Rates & Specials
      • FAQ’s
    • Close
  • Investments
  • Insurance
  • News
  • About Us
    • CB History
    • Staff
    • Board of Directors
    • Foundations
    • Careers
    • Locations & Maps
    • Quarterly Buzz
    • Close
  • Contact
Home \ Personal Banking \ Individual Retirement Accounts

Individual Retirement Accounts

What a great time to save for your retirement!

The maximum contribution you can make to a traditional IRA or a Roth IRA is an amount equal to your taxable compensation up to $6,500.  Those of you age 50 or better can contribute an amount equal to your taxable compensation up to $7,500.  This is commonly referred to as the “catch up” provision that allows older workers to contribute a higher amount as they get closer to retirement age.

You can contribute:

  • If you have earned income from employment
  • Contact your tax advisor for specific tax advantage and contribution guidelines

With a traditional IRA, your contribution is tax-deductible, but your gains will be taxable when you make withdrawals. Roth IRA’s have non-tax deductible contributions, but withdrawals at retirement will be made without taxes. Citizens Bank & Trust offers a host of traditional IRAs as well as Roth IRAs and Education IRAs. Funds are invested in Certificates of Deposit. Regular CD terms and rates are available for IRA’s.

Please contact Deidra Beilke or Crystal Robinson at 320-587-2233 for further details and assistance.

TwitterFacebookLinkedInPrintFriendly

Personal Banking

  • Manage Your Money
    • Checking & Savings
    • E-Checking
    • Student Checking Account
    • Little Tigers
    • Snowbirds
    • ATM & Debit Cards
    • Fraud Prevention
    • Telephone Banking
  • Borrow Money
    • Mortgage Loans
    • Consumer Loans
    • Home Equity Loans
    • Personal Credit Card
  • Access Your Money
    • Online Banking
    • Online Bill Pay
    • External Transfer
    • Zelle®
    • Mobile Banking
    • Mobile Deposit
    • Digital Wallet
  • Invest for the Future
    • IRA
    • Investment Services
  • Resources & Tools
    • Forms
    • Financial Calculators
    • Rates & Specials
    • FAQ’s
Catch the Buzz!
Member FDIC

Downtown Office

102 Main St South
PO Box 339
Hutchinson, MN 55350

Phone 320-587-2233
Toll 888-234-2910
Fax 320-587-5738

South Office

1390 Hwy 15 South
PO Box 339
Hutchinson, MN 55350

Phone 320-587-2233
Fax 320-234-0682

Lobby Hours

Mon-Fri 9am-4pm

Drive Thru Hours

Mon-Fri 8am-5pm
Saturday 9am-12pm
© 2023 Citizens Bank & Trust Co.
All Rights Reserved. Privacy Policy

Website Developed by Vivid Image

© 2023 Citizens Bank & Trust Co.
All Rights Reserved. Privacy Policy

Website Developed by Vivid Image