Roth IRAs

Account Description
  • Provides a retirement savings opportunity for individuals with tax deferral benefits
  • Offers a wide range of investment options, including traditional savings and certificates of deposit
  • Contributions are made using after-tax dollars and are based on adjusted gross income (all qualifying withdrawals are tax-free)
  • Semi-annual statement provides updates on progress towards retirement goals
  • Withdrawals restricted by federal guidelines
Account Features
*List of First Federal of Lakewood Disclosures

First Federal of Lakewood will accept deposits from ALL counties within the state of Ohio.