|IRAs||Fixed IRAs||30 Month Fixed IRA|
Effective January 1, 2015, the Internal Revenue Service has amended the rules governing annual rollovers from Individual Retirement Accounts. For more information visit the
|Minimum to Open||$1,000|
|Maximum to Open ||Maximum per plan year is based on IRA Guidelines. No ceiling on IRA rollovers of IRA transfers.|
|Minimum Term||12 Months|
|Maximum Term||60 Months|
|Interest Distribution ||Deposited to account monthly.|
|Early Withdrawl Penalty|| |
For terms one year or less, the penalty for early withdrawal will be three months interest.
At age 59 1/2 no penalties can be incurred for withdrawls.
|Customer Service||1-800-NBT-BANK (1-800-628-2265) |
E-mail NBT Bank
|Statement Options||Summary of IRA information can be included on a monthly portfolio statement|