Retirement Services

  • Individual Plans

    The Wealth Management Group at Peoples Bank offers retirement benefit plans to satisfy your financial goals.

    Rollover IRA
    Accounts from other financial institutions can also be combined into one IRA with Peoples Bank, providing you with convenience as well as peace of mind. If you will be receiving disbursements from a former employer’s 401(k) or other retirement savings plan prior to retirement, you can defer taxes on the money by transferring these funds into a Rollover IRA Account.

    Traditional IRA
    Account allows you to defer pretax dollars for retirement, up to certain annual limits, that can grow tax-deferred until withdrawn.

    Roth IRA
    Account allows you to save after-tax dollars for retirement, earnings grow tax-free and qualified withdrawals are not taxed.

  • Qualified Retirement Plans for Business

    If you’re a small business owner, the Wealth Management Officers at Peoples Bank can assist you by administering your company’s retirement plan. Our financial advisors have valuable experience in managing and supervising qualified retirement plans, and can monitor your plan’s growth for maximum results from your investment. Call today to learn more about:

    • 401(k) Plans
    • Profit Sharing
    • Simple IRAs
    • SEPs (simplified employee pension plans)

How To Open

Please contact one of our experienced Wealth Management Officers.

Contact a Wealth Management Officer

NOT A DEPOSIT | NOT FDIC INSURED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | NOT GUARANTEED BY THE BANK | MAY GO DOWN IN VALUE.