Please visit your nearest Flagstar branch to learn more about IRAs.
You must have earned income to enroll in a Traditional IRA. Your contributions may be tax deductible. Withdrawals from Traditional IRAs before age 59 ½ may be subject to taxes at your current rate, a 10% federal additional tax, and possible state tax. Please consult a tax or legal expert for advice before making contributions, withdrawals or other investment decisions. For Traditional IRA CDs, we may access fees for withdrawals before the maturity date. For Traditional IRA Savings, a $500 deposit is required to open the account. Fees may reduce earnings. Accounts will be FDIC insured up to the maximum amount allowed by law.
1Excludes promotional rates.