Ready to start saving? It’s never too late to begin. Chelsea Groton offers competitive interest rates and flexible terms on savings products such as certificates of deposit (CDs) and individual retirement accounts (IRAs).
Certificates of Deposit — Competitive CD rates and a variety of maturities for short and longer term goals
Individual Retirement Accounts — Choose from Traditional, Roth and Educational IRAs, or Simplified Employee Pension (SEPs):
Traditional IRA — A tax-qualified savings account available for individuals with earned income
Roth IRA — A good choice for those who expect to be in a higher tax bracket upon retirement*.
Education IRA — Established for individuals under the age of 18, allowing you to save for a child’s higher educational expenses.
Simplified Employee Pension IRA — For self-employed business owners. Benefits include possible contributions to your personal retirement accounts as well as IRAs for eligible employees.
Rollovers/Direct Transfers — Have you changed jobs? Check to see if your retirement funds can be rolled into a qualified retirement plan. Need our help transferring all or part of your assets from another retirement plan such as a 401(k)? We can do that.
*Chelsea Groton does not provide legal or tax advice. Consult your legal and/or tax advisor.