First Choice offers a few products that help you see your money grow. While the following products may not be for everyone, for someone wanting to grow their money in a less volatile way, these are two gems.
Certificate of Deposits (CDs)
The corner stone of any savers portfolio. CDs typically grow at a higher rate of interest for a fixed time. While the CD is maturing you do not have access to it without paying a penalty. CDs accrue interest quarterly.
Individual Retirement Accounts (IRAs)
These accounts are to be utilized to set aside funds for retirement. We offer IRA CDs that function just like other Certificates of Deposit. You can have the interest of these products grow Tax Deferred (Traditional) or accrue at your regular schedule (Roth). We offer a Traditional IRA Savings Accounts that is not tied to a term.
Consult your tax preparer for the best option for you.
For more information, call us today at (724)652-8393 or email us at our Contact Us page to get started.