Traditional IRAs

Save as if your future depends on it. Because it does.

For some people, retirement is just down the road. For others, it's decades away. Wherever you are on this journey, it's the right time to start saving for life's next chapter. With a Traditional IRA, you'll enjoy potential tax deductions right now and the freedom to do all those things you want during your Golden Years.

• Invest up to $7,000 per year for individuals under age 50
• The maximum for individuals age 50 and older is $8,000 
• Potential tax breaks for each year funds are contributed
• Choose Retirement Savings, CDs or a combination 
• All annual interest earnings are tax-free
• No account opening fees, annual fees or commissions*
• Accounts insured by Federal Deposit Insurance Corp. (FDIC)*
• Access IRA information with Online, Mobile and Telephone Banking*

Berkshire Bank is a full-service financial institution with branches in MA, CT, VT, NY, and RI.