Traditional 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 may be tax deductible, depending on adjusted gross income and if contributions have been made to an employer plan
  • Semiannual 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.