IRAs. A simple way to put your money away.

Your retirement savings are too important to take chances on. That’s why we offer both Traditional and Roth IRA Certificates of Deposit with competitive rates, fixed terms and the security of FDIC insurance.

Do you have existing IRA accounts or 401(k) plans from prior employers, and want to consolidate into one convenient account? Our MB&T Advisors team can help you manage that transition process and set you on a managed path for the retirement you're dreaming of.

The content available on this site is posted for information purposes only. The information is not intended to provide legal, tax, or accounting advice.

For more information about IRAs, go to IRS.gov and search on IRAs, and consult your tax advisor.

Traditional IRAs: A Traditional IRA provides the opportunity for your earnings to grow tax-deferred until they are withdrawn in retirement and offers the potential for tax-deductible contributions. With a traditional IRA, the goal is to keep this money growing until you are at an age where you will be in a lower tax bracket. Montecito Bank & Trust offers traditional IRAs. For more information about IRAs, go to IRS.gov and search on IRAs, and consult your tax advisor.

Roth IRAs: Roth IRAs offer you an opportunity to create tax-free income during retirement and can be a good way to diversify your future retirement income. Roth IRAs can also help maximize the value of the funds you pass on to your heirs, who may also benefit from tax-free growth and income. Montecito Bank & Trust offers Roth IRAs. For more information about IRAs, go to IRS.gov and search on IRAs, and consult your tax advisor.

The content available on this site is posted for information purposes only. The information is not intended to provide legal, tax, or accounting advice.

For more information about IRAs, go to IRS.gov and search on IRAs, and consult your tax advisor.