PANORA STATE BANK
"The Bank that Cares"
Panora, Iowa
Home of Lake Panorama
Serving the community since 1959
Panora State Bank
PO Box 9
120 East Main, Panora, IA 50216
Phone: 641-755-2141
Toll Free: 1-800-755-8353
Fax: 641-755-3251
Email: panorastatebank@netins.net
Please feel free to email us, but remember that any sensitive
information should NOT be included. Anything sent over the
Internet in a general email is NOT totally secure.
Sensitive information should be handled in person or over the telephone.
PANORA STATE BANK RETIREMENT ACCOUNTS
Brief descriptions of the two different IRAs Available |
| Traditional IRA: The Traditional IRA generally
results in a current tax deduction for contributions to the IRA and
the annual income generated within the IRA is not taxed until the funds
are withdrawn by the account owner. |
| Roth IRA: The Roth
IRA contributions do not produce a current tax deduction but annual
income within the IRA may be free from Federal Income Tax until the
individual withdraws money from the account.
|
Please feel free to come in or contact us to talk about which of these accounts would best suit your personal financial situation. We will do our very best to help determine which of these retirement accounts would best serve your needs.