Plan ahead and prepare for your retirement with First Reliance Bank IRAs. IRA Certificates of Deposit and IRA Savings accounts are FDIC insured for up to $250,000 per depositor*. There's no annual fee.

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For more complete information and to open a Traditional,Roth or Rollover IRA visit any First Reliance Bank branch or call our ACCESSLive Call Center 1-888-543-5510

Traditional IRAs defer taxes until you start withdrawing your money. All or part of your contributions may be tax deductible. Types of traditional IRAs include: Regular, Spousal, Inherited IRA, Simple, Rollover and SEP IRAs

• Competitive IRA CD's and IRA Savings account
• Accounts can be opened with a minimum of $50 with automatic contributions or $500
• Taxes deferred until you withdraw money
• FDIC insured up to $250,000 per depositor*
• Certain contributions are tax deductible in the year in which they are made
• View your account activity with eACCESSonline banking
• No annual IRA fee for First Reliance Bank IRAs

With Roth IRAs your contributions are not tax-deductible. However, earnings on your IRA are tax deferred and your withdrawals may be free of federal income tax**. Type of IRAs include: Individual Roth, Spousal Roth, and Inherited IRA.

• Competitive IRA CD's and IRA Savings account
• Accounts can be opened with a minimum of $50 with automatic contributions or $500
• FDIC insured up to $250,000 per depositor*
• Potential savings on federal income tax
• View your account activity with eACCESSonline banking
• No annual IRA fee for First Reliance Bank IRAs

If you leave your job, you can take your 401(k) with you by transferring it directly into a Rollover IRA at First Reliance Bank. And you can better manage your retirement savings by consolidating plans from former employer 401(k)s and any other personal retirement accounts you may have into one IRA.

• Competitive IRA CD's and IRA Savings account
• Accounts can be opened with a minimum of $50 with automatic contributions or $500
• FDIC insured up to $250,000 per depositor*
• There's no limit to the amount you can transfer into a Rollover IRA from another Plan
• You can rollover funds from various sources including a 401(k), 401(a), 403(b), or 457 Plans.
• View your account activity with eACCESSonline banking
• Contributions are not tax deductible
• Earnings are tax deferred
• No annual IRA fee for First Reliance Bank IRAs

Still have questions?
Call us at 1-888-543-5510

*On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.

**The information and examples presented above are based on current tax laws and regulations that are subject to change at any time. Consult your tax advisor regarding the deductibility of IRA contributions and charges.

Offer available to residents in the metropolitan statistical areas of Charleston, Columbia, and Florence as defined by the U.S. Office of Management and Budget.

Early Withdrawal Fee of $10 each occurrence and an IRS penalty of 10% of the amount withdrawn. $75 transfer fee to another financial institution. Please refer to your IRA account disclosure statement for other details relating to your IRA.