IRA Products

FIXED RATE IRA

• 6, 12, 18, 30, 48 month terms available
• See interest rates
• Opening/minimum balance: $100
• Automatic renewal based on original terms
• Penalty ²:
  • 6 and 12 month terms – 3 months (90 days) simple interest on amount withdrawn
  • All Other Terms – 6 months (180 days) simple interest on amount withdrawn
• Benefits include:
  • Once a year Rollover or Transfer deposit up to $10,000 and not extend maturity per plan
  • If age 59½ and above – eligible for annual rate upgrade
  • May make additional contributions at any time ³
  • Eligible for free PFSelect Checking account with $500 retirement minimum balance

VARIABLE RATE IRA

• 18 month term available
• See interest rates
• Opening/minimum balance: $100
• Automatic renewal based on original terms
• Penalty ²:
  • 6 months (180 days) simple interest on amount withdrawn
• Benefits include:
  • Once a year Rollover or Transfer deposit up to $10,000 and not extend maturity per plan
  • If age 59½ and above – eligible for annual rate upgrade
  • May make additional contributions at any time ³
  • Eligible for free PFSelect Checking account with $500 retirement minimum balance

NEGOTIATED IRA

• Up to 48 month term available
• See interest rates
• Opening/minimum balance: $100,000
• Automatic renewal based on original terms
• Penalty ²:
  • 3 months (90 days) simple interest on amount withdrawn if term is 12 months or less
  • 6 months (180 days) simple interest on amount withdrawn if term is longer than 12 months
• Benefits include:
  • Once a year Rollover or Transfer deposit up to $10,000 and not extend maturity per plan
  • If age 59½ and above – eligible for annual rate upgrade
  • May make additional contributions at any time ³
  • Eligible for free PFSelect Checking account with $500 retirement minimum balance