Individual Retirement Accounts: Better Than Ever
Individual Retirement Accounts (IRA) create value for you to save for your retirement years and for funding education expenses. Education IRAs are now known as Coverdell Education Savings Accounts (CESA). Parents, grandparents and others should consider establishing an CESA to help meet the rising costs of a student's education.

Please call Glacier BankSM for more information on Individual Retirement Accounts.

Traditional IRA

  • Must have earned income and not reach age 70½ by end of year.
  • Ask your local branch about contribution limits.
  • Annual limit applies to any combination of IRA plans other than the CESA.
  • Contributions up to the limit may be tax deductible if you are not an active participant in a retirement plan, otherwise phase-out rules apply.
  • Investments grow on a tax-deferred basis.
  • Earnings are taxed only upon withdrawal.
  • FDIC insured up to $250,000.

Roth IRA

  • Contribute to a Roth IRA even after age 70 ½, with earned income.
  • Contributions will not be tax deductible, but the contributions and earnings can be withdrawn tax-free.
  • Ask your local branch about contribution limits.
  • No required minimum distributions after reaching age 70 ½.
  • FDIC insured up to $250,000.

Catch-up Contributions

  • If you have reached age 50, you may be able to make a catch-up contribution.  Ask your local branch for details.


For our current interest rates call us toll free at 1-800-735-4371 or contact us through our website.