Individual Retirement
Individual Retirement Accounts (IRAs)
An IRA is a popular savings account that allows anyone with earned income to contribute to the account and watch it grow. We offer:
- Traditional IRAs, which earn tax-free until withdrawn as retirement income.
- Roth IRAs, funded with after-tax dollars then grow tax-free.
- Rollover IRAs**, typically funded by an employer-sponsored retirement account like a 401(k), 457(b), and 403(b).
- SEP and SIMPLE IRAs for businesses of any size looking after their employees’ future.
Brokerage Accounts
A brokerage account allows you to buy and sell a variety of investments like stocks, bonds, mutual funds, and ETFs. There are two types to choose from:
- Individual brokerage accounts, which involve a broker buying and selling securities on a sole investor’s behalf.
- Joint brokerage accounts involve two or more account holders investing through a brokerage firm.
Resources
6 Steps to Prepare for Your (Financial) Future
Small steps and helpful tools—like the right savings account (they’re not all made equal)—can help you get ahead. Here are six small steps you can take.
7 Ways To Spring Clean Your Finances
Spring is a great time to take stock of your financial situation. Do a hard reset on your finances by following these helpful tips.
SELCO Digital Access: Secure, Quick, and Simple
SELCO offers a variety of digital tools that allow you to manage your accounts anywhere, anytime. Think of our digital tools as your virtual branch.
Debt Snowball vs. Debt Avalanche
Looking for an efficient way to eliminate your debt? Discover the debt snowball and debt avalanche, which focus on paying off one debt at a time.