Today, people are more aware of the need for financial planning and are participating in plans such as Individual Retirement Accounts (IRAs). As a trusted and well-respected organization, First Bankers is ideally suited to administer your IRA. We collaborate with you to understand your needs and identify opportunities to meet your goals.
As custodian, First Bankers can help you understand the advantages of each type of IRA so you can choose the option that is right for you. In addition, our experienced, knowledgeable professionals will ensure you are in compliance with applicable government laws and regulations.
Our self-directed IRA program allows you to choose the IRA investment that best suits your financial retirement plan. We offer a wide range of investment offerings, including stocks, bonds, mutual funds, certificates of deposit, and other options to complement your investment goals. Additionally, we provide fiduciary investment management for those looking for expert management.
Direct Rollover IRA
Automatic IRA Rollovers
Simplified Retirement Plan IRA (SEP)
A Health Savings Account (HSA) offers many benefits, including tax-deductible contributions, tax-free investment earnings, and tax-free withdrawals for qualifying medical expenses. HSAs protect against high or unexpected medical bills, and allow you to lower health insurance premiums with qualifying high-deductible health insurance plans. Funds can be used for medical expenses or saved for future needs like long-term care. In addition, if you change jobs, switch medical coverage, or move, you get to keep your First Bankers HSA. Like an IRA, funds remain in your account year to year. Control of your HSA is in your hands, so you decide how much money to use for expenses and which investments to make.
Individuals and groups with qualifying high-deductible health plans are eligible for a First Bankers HSA. As custodians, our staff will help you maximize your HSA benefits and ensure compliance with government regulations.
Your self-directed HSA allows you to make investment decisions to grow your account, including: