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Retirement Succession

First National Bank of Rochelle offers a range of retirement options for every type of investor. Enjoy significant tax advantages today through Certificates of Deposit and Money Market Accounts, as well as the security for tomorrow. FDIC insured.

With FNB’s Traditional IRA you can save for retirement and save tax money too! A Spousal IRA allows a non-working spouse to save for retirement also. Please see your tax advisor.

FNB’s Roth IRA is a nondeductible account that features tax-free earnings withdrawals for certain distributions after a five-year holding period. Contributions can be withdrawn at any time without tax consequences. Please see your tax advisor.

Coverdell Education Savings Accounts let you save for a child’s education on a tax-favored basis. Distributions used to pay for certain education expenses are federal income tax- and IRS penalty-free. Please see your tax advisor for your specific situation.

Taxpayers can establish a new IRA or contribute to an existing IRA by their tax-filing due date, excluding extensions. FNB has several options available for contribution frequency. Please consult your tax advisor.