Sound Investments for Your Future
	Grand Bank & Trust of Florida offers Traditional and Roth IRAs, making it easy for you to act today so you can achieve tomorrow’s retirement and other key financial goals. Term Annual Percentage Yield Interest Rate 12 Months 1.10% 1.09% 24 Months 1.45% 1.44% Interest rates effective as of 08/27/10 and are subject to change at any time.

Traditional IRA
Invest Now, Pay Taxes Later
Traditiona IRAs allow you to harness the power of compound earnings. You can defer tax payments until withdrawal upon your retirement when your tax rate may be lower. In addition, certain Ira contributions may be tax deductible in the tax year inwhich they are made. Check with you tax advisor or accountant.

Roth IRA
After-Tax Investments Grow Tax Free
This nondeductible account features tax-free withdrawals for certain distribution reasons after 5-year holding period. Roth IRA contributions are earned; people who expect to be in a higher tax bracket when they retire may benefit more from these accounts than from a traditional IRA.

IRA Basics
	IRAs pay a guaranteed fixed rate of return for a term of 12 months or 24 months
	IRAs are renewable upon maturity
	Additional IRA deposits are permitted with earned income. Deposits while under the age of 50 are not to exceed $3,000 per year. Deposits made while between ages 50 and 70 1/2 are not to exceed $3,500
	IRAs are issued in amounts of $500 or more
	Rates are reviewed weekly and adjusted in response to market conditions
	Interest is compounded daily and paid monthly
	Interest may be deposited directly to a Grand Bank & Trust account, added to principal of the CD or paid by check
	Early withdrawal penalties apply to account holder under the age of 59 1/2

* On July 21, 2010, FDIC deposit insurance permanently increased from $100,000 to $250,000 per depositor.