Retirement Accounts

BCSB can help you write a happy ending with retirement accounts designed to maximize your financial security.

With a traditional Individual Retirement Account, your earnings grow tax-deferred until withdrawal and up to 100% of your contribution may be tax-deductible (please see a tax advisor to find out your deduction level).

BCSB offers Roth IRAs, which while not tax-deductible, offer tax- and penalty-free qualified distributions for conditions such as disability or the purchase of a first home. Additionally, you are not required to take distributions from a Roth IRA during your lifetime and Roth IRAs pass tax-free to your heirs.

For Retirement Accounts, open any Certificate of Deposit with a term of 6, 12, 24, or 60 months with a minimum balance of $500. Click here to view current certificate of deposit rates.

Click here to access our convenient Retirement Savings Calculators.

Call 410.583.8700 or click here to have an account representative contact you.

Click here for more important Retirement Account information.