Retirement Accounts

A relaxing retirement starts with a plan

Retirement isn't the same for everyone

Whether you're an individual planning for retirement or a business owner covering your employees, it's important to know the best retirement products available to you. Understanding your options may go a long way toward making the most of retirement planning.

Retirement options for individuals

Traditional IRA

Start saving for retirement with a traditional individual retirement account.

  • Contributions may be tax deductible
  • Anyone with earned income can contribute
  • Make penalty-free withdrawals once you turn 59 1/2
Learn more about SEP IRAs
Find a Branch

Roth IRA

Build out your retirement plan with a tax-advantaged Roth IRA.

  • Withdraw earnings tax and penalty free when you turn 59 1/2 and your account has been funded for 5 years
  • You may withdraw contributions tax and penalty free at any time
Learn more about SIMPLE IRAs
Find a Branch

Retirement options for business owners

SEP IRA

Give yourself or your employees a way to save for retirement, no matter your business size.

  • A low-cost, easy to maintain retirement plan for business owners and their employees
  • No required annual contributions
  • Employers retain 100% ownership of their investments
Learn more about SEP IRAs
Find a Branch

SIMPLE IRA

A SIMPLE IRA plan can give your employees security and flexibility to save more for retirement.

  • Available for small businesses with 100 employees or fewer
  • Enables employees to make pre-tax salary deferral contributions
  • Employer contributions can match dollar-for-dollar or a flat percentage of wages
Learn more about SIMPLE IRAs
Find a Branch

Insights
A few financial insights for your life

Saving

Be Aware: Health Savings Account Rules Change Over Time

As you reach certain milestones, the rules for tapping the tax advantages of an HSA may change.
These tax-sheltered accounts are growing in popularity, and it's important to understand all the health savings account rules because they shift as you age or reach certain lifestyle milestones.
Retirement

Coping When Disability Forces Retirement

An unexpectedly early retirement could force you to manage financial uncertainties, prioritize health and find new income.
Although difficult to predict or prepare for, an early retirement due to a disability doesn't have to have a devastating financial impact.
Retirement

Key Ways to Think About Financial Planning

Here are some fundamental considerations when making a financial plan.
A financial plan helps you stay adaptable and agile while remaining focused on what's most important.

Account openings are subject to normal bank approval.

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About the Entities, Brands and Services Offered: First Citizens Wealth™ (FCW) is a marketing brand of First Citizens BancShares, Inc., a bank holding company. The following affiliates of First Citizens BancShares are the entities through which FCW products are offered. Brokerage products and services are offered through First Citizens Investor Services, Inc. ("FCIS"), a registered broker-dealer, Member FINRA and SIPC. Advisory services are offered through FCIS, First Citizens Asset Management, Inc. and SVB Wealth LLC, all SEC registered investment advisors. Certain brokerage and advisory products and services may not be available from all investment professionals, in all jurisdictions or to all investors. Insurance products and services are offered through FCIS, a licensed insurance agency. Banking, lending, trust products and services, and certain insurance products and services are offered by First-Citizens Bank & Trust Company, Member FDIC, and an Equal Housing Lender, and SVB, a division of First-Citizens Bank & Trust Company. icon: sys-ehl

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