First Federal Bank, fsb

Planning now for your retirement is more than just a financial decision, it's also an investment in yourself. Don't wait until it's too late. Come to First Federal Bank and see what we can do to make your later years, your comfortable years.
For further information on how First Federal Bank can help you in your retirement years, please e-mail one of our Savings Counselors at counselors@ffbanks.com.

Individual Retirement Accounts: Taxpayers under the age of 70½ who have earned income can contribute to a traditional Individual Retirement Account, even if they are covered by an employer's retirement plan, thereby allowing the taxpayer's funds to grow faster on a tax-deferred basis. The contributions may or may not be tax-deductible. The spouse is also eligible for an equal contribution.
SEP IRA Accounts: Self-employed individuals and small business owners who wish to contribute funds for the owner's and employees' (if any) retirement can establish a Simplified Employee Pension Plan and must make tax-deductible contributions to each participant's Individual Retirement Account, regardless of the individual's age. The funds will grow on a tax-deferred basis.	IRA Rollover Accounts: Lump sum distributions received from a company's qualified retirement plan can be contributed or "rolled over" into a Rollover Individual Retirement Account, thereby preserving the tax-deferred benefits of the retirement funds.