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Personal Banking  Individual Retirement Account
Individual Retirement Account (IRA) - Save Money - Tax Deferred

Planning your savings for retirement,When planning your savings for retirement, consider opening an IRA at GSSB. We offer both Roth and Traditional IRAs to meet your specific needs. Contributions to an IRA may be fully or partially tax-deductible, depending upon several things such as marital status, participation in a company pension plan, tax filing status and adjusted gross income.

Contact a GSSB customer service representative for additional information, including IRA rollovers, early withdrawal penalties, contribution limits and general account requirements. Please contact your tax advisor for questions pertaining to the tax deductibility of your contributions.

For more information of IRAs:
Main: (785) 448-3111 - Colony: (620) 852-3512 - Pomona (785) 566-3311 - Ottawa (785) 242-6777
or just stop by any of our convenient locations.

 

Notice of Changes in Temporary FDIC Insurance Coverage for Transaction Accounts

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAS"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money market deposit accounts.

For more information about temporary FDIC insurance coverage of transaction accounts, visit, www.fdic.gov

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