CDs, IRAs & HSAs

Roth IRA

A Roth IRA allows only non-deductible contributions, but features federal income tax-free withdrawals for certain distribution reasons after a five-year holding period. To be eligible you must have compensation and your modified adjusted gross income cannot exceed certain limits. 


IRA’s are retirement accounts that are regulated by the IRS. They have restrictions on withdrawals and deposits, maximum annual deposit amounts, and tax benefits depending on the type IRA. IRA’s are available to individuals. 

The Harvard State Bank offers a variety of IRA plans to help you build up your retirement nest egg. We encourage you to discuss your retirement plans with your investment broker or tax advisor.

Please refer to the Interest Rate Sheet for current rates