Individual Retirement Account (IRA)
Edison Financial offers an Individual Retirement Account (IRA) to assist you in retirement planning. Two types of IRAs are available: Roth and Traditional.
Features
- Dividends compounded daily, paid monthly
- No charge to open or service the account
- Monthly statement
- Contributions not required
- Recurring funds transfer available for contributions
- Accessible via branch (in-person by phone)
Regulations
- Funds may not be borrowed or used as security for a loan
- Withdrawals available via branch