Retirement Accounts

A relaxing retirement starts with a plan

Traditional IRA

Start saving for retirement with a traditional individual retirement account.

  • Contributions may be tax deductible
  • Anyone under the age of 70 1/2 with earned income can contribute
  • Make penalty-free withdrawals after the age 59 1/2

Roth IRA

Build out your retirement plan with a tax-advantaged Roth IRA.

  • Make tax-free withdrawals once you're in retirement
  • Withdraw contributions penalty free after your account has been open for 5 years
  • Once you're 59 1/2, you can withdraw contributions penalty free at any time

SEP IRA

Give yourself or your employees a way to save for retirement, no matter your business size.

  • A low-cost, easy to maintain retirement plan for business owners and their employees
  • No required annual contributions
  • Employers retain 100% ownership of their investments

SIMPLE IRA

A SIMPLE IRA plan can give your employees security and flexibility to save more for retirement.

  • Available for small businesses with 100 employees or fewer
  • Enables employees to make pre-tax salary deferral contributions
  • Employer contributions can match dollar-for-dollar or a flat percentage of wages

Not sure where to start? Let us help you down the path to successful retirement.

Webinars

Learn From Our Experts

The Plan Sponsor Toolkit for Efficient Administration

In this webinar, Phillip Strickland, Director of Institutional Trust, chats with Esther Sanders, Senior Relationship Manager for Newport Retirement Services, about recordkeeping for retirement plans and how to avoid common pitfalls.

icon: lib-0024-calendar-month-day-planner-events Tuesday, June 22    icon: lib-0029-time-watch-clock-wall 12 pm ET

Making Sense: A Market Update with Brent Ciliano

Join Brent Ciliano, First Citzens Chief Investment Officer, and Phillip Neuhart, First Citizens Manager of Institutional Portfolio Strategy, as they discuss what's going on in the markets and the economy.

icon: lib-0024-calendar-month-day-planner-events Wednesday, June 30    icon: lib-0029-time-watch-clock-wall 12 pm ET

Insights

A few financial insights for your life

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Your investments in securities, annuities and insurance are not insured by the FDIC or any other federal government agency and may lose value. They are not a deposit or other obligation of, or guaranteed by any bank or bank affiliate and are subject to investment risks, including possible loss of the principal amount invested. Past performance does not guarantee future results.

First Citizens Wealth Management is a registered trademark of First Citizens BancShares, Inc. First Citizens Wealth Management products and services are offered by First-Citizens Bank & Trust Company, Member FDIC; First Citizens Investor Services, Inc., Member FINRA and SIPC, an SEC-registered broker-dealer and investment advisor; and First Citizens Asset Management, Inc., an SEC-registered investment advisor.

Brokerage and investment advisory services are offered through First Citizens Investor Services, Inc., Member FINRA and SIPC. First Citizens Asset Management, Inc. provides investment advisory services.

Bank deposit products are offered by First Citizens Bank, Member FDIC.

Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

Account openings are subject to bank approval.