Individual Retirement Accounts (IRAs)

Plan for Tomorrow Today

Whether you’re settling into a new job, thinking ahead as your family grows, or finally carving out time to focus on your long-term goals, planning for retirement doesn’t have to feel overwhelming. An IRA can help you make steady progress, no matter where you are in life.

At Lowell Five Bank, our Individual Retirement Accounts are designed to meet you right in that moment. Maybe you’re opening your first retirement account, looking to rollover old savings, or ready to take advantage of tax-smart ways to build your nest egg. Whatever your situation, we offer flexible, secure options backed by guidance you can trust.

Why Partner with Lowell Five Bank for Your IRA?

Tax-smart savings: Contributions can grow on either a tax-deferred or tax-free basis.
Flexible retirement strategy: We can assist you with or without employer-sponsored plans.
Banking ease: Manage your IRA with the same reliability and ease you expect from other Lowell Five Bank accounts.

Choose Your IRA Strategy

Our retirement solutions are designed to help build and maintain your nest egg. Work with a Lowell Five Bank Advisor to start your retirement savings or manage an existing plan.

Traditional IRA

Grow money tax-deferred until you retire

Save now tax-deferred until retirement and pay when you're likely to be taxed at a lower rate
Entirely self-funded, unlike a 401(k) or pensions, where employers often contribute
Qualify for a tax deduction on your annual IRA contributions each year, depending on your earnings

Roth IRA

Pay taxes now and withdraw tax-free at retirement

Earnings are tax-free at retirement
Available to individuals who don’t qualify for Traditional IRA due to participation in an employer sponsored retirement plan