Individual Retirement Accounts

CONFUSED ABOUT IRAs?

The investment goal of your IRA is simple: you want growth. When you retire, you want the most you can possibly get out of the money you invest. If you are confused about retirement investments, First Citizens Bank will help you understand IRAs. Our financial professionals will provide direction and investment counseling. With an investment IRA, you open a wide array of investment options. You control your financial future by diversifying your investments to achieve the goals you want. Small savings can add up when you give them a chance to grow tax-deferred in your retirement plan. We offer the following types of IRAs:

· Traditional IRA
· Roth IRA
· SEP (Simplified Employee Pension Plan) IRA
· SIMPLE IRA

Investment are not limited to Certificates of Deposit. Stocks, Bonds, Mutual Funds, and all other eligible investments may be purchased with your retirement funds.

Periodic statements that include current market value of all investments
All transactions, bookkeeping, and reporting are performed by the First Citizens Bank Trust Investment Center
Comprehensive year-end reports to assist client in tax preparation and investment performance analysis, e.g. 1099-R and 5498 forms
Plan may be established and funded up to your tax-filing deadline


SELF-EMPLOYED SIMPLIFIED EMPLOYEE PENSION

Investment are not limited to Certificates of Deposit. Stocks, Bonds, Mutual Funds, and all other eligible investments may be purchased with your retirement funds.

All stock trades are transacted for a flat $0.05 - $0.06 per share plus $7.00 process fee.
Example: 500 shares purchased / sold - commission is $32.00 - $37.00
Periodic statements that include current market value of all investments
All transactions, bookkeeping, and reporting are performed by the First Citizens Bank Trust Investment Center
Comprehensive year-end reports to assist client in tax preparation and investment performance analysis
Plan may be established and funded up to your tax-filing deadline
Contributions up to 25% of compensation or $49,000 maximum per participant are allowed each year with a compensation cap of $245,000
All contributions may be fully tax-deductible ( Consult with your Tax Advisor )
Applicable to both incorporated and non-incorporated entities
Internal Revenue Service filing (Form 5500) is not required


SELF-DIRECTED PROFIT-SHARING RETIREMENT PLAN

All stock trades are transacted for a flat $0.05 - $0.06 per share plus $7.00 process fee.
Example: 500 shares purchased / sold - commission is $32.00 - $37.00
Access to most favorable yields on government and corporate bonds
Periodic statements that include current market value of all investments
All transactions, bookkeeping, and reporting are performed by the First Citizens Bank Trust Investment Center
Comprehensive year-end reports to assist client in tax preparation and investment performance analysis


FULL-SERVICE QUALIFIED RETIREMENT PLAN

First Citizens Bank provides service by agreement including but not limited to:

Initial analysis of securities and the establishment of investment objectives and a program for carrying them out
Safekeeping of securities
Detailed account and list of assets showing current market value and cost value
Collect income and principal
Process purchases and sales of securities
Distribute Monies as authorized and directed by the Plan Administrator
Periodic investment reviews by our Trust Committee based on a current inventory and analysis of the assets


There are many options available for the investment of your hard-earned dollars today. But which ones are right for your particular financial goals? Certificates of Deposit...Mutual funds...or Trust Accounts? At First Citizens Bank Investment Center our professional and knowledgeable staff can provide you with a variety of savings and investment options. To find out what suits your needs, call or write today!

Note: Investments that are not bank deposits such as stocks, bonds, mutual funds, money market funds, annuities, and treasury securities, etc. are not FDIC insured, not guaranteed by the financial institution, and are subject to risk and may lose value.

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