Individual Retirement Account (IRA)*

Save for retirement the tax-advantaged way.

Finance your future with an IRA while deferring taxes. With fixed-term options from 18 months to 5 years and a floating-term option for 18 months, you have the power to control how much your money grows. We offer both Traditional and ROTH IRAs.

$100 minimum deposit
18 month fixed term to 5 years
FDIC insured

Open an IRA Account

To open a individual retirement account with Journey Bank, visit one of our 22 locations in Clinton, Columbia, Lycoming, Montour and Northumberland counties or submit a contact us form today and one of our team members will reach out to you to schedule an appointment.

Roth IRA vs. Traditional IRA

Consider these differences to help you make the right decision for your future:

Roth IRA
• Contribute after-tax dollars
• Contributions grow tax-free
• No current year tax benefits
• Penalty-Free and tax-free after age 59 1/2 and a 5 year holding period

Traditional IRA
• Contribute pre- or after- tax dollars
• Contributions grow tax-deferred
• Gives immediate tax benefits
• Penalty-Free and tax-free after age 59 1/2 and a 5 year holding period

^{*Potential tax impacts are included with this account. A tax advisor should be consulted for additional guidance.}