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IRAs
Citizens Bank has unveiled the creation of the Freedom IRA, an alternative IRA instrument offered exclusively for Citizens Bank customers.
The Freedom IRA offers an excellent investment plan with a weekly variable rate and no maturity date. It has a fluctuating rate that is tied to the 3-month U.S. Treasury Bill, offering a sound IRA investment strategy.
Retirees today are living longer, healthier lives. The Freedom IRA offers an alternative to other IRAs like Certificates of Deposit, and because the interest rate is based on the national market, it is independent of local rates.
This IRA program is established as a savings account, thus it has no maturity date. The Freedom IRA account may be opened as a Traditional or Roth IRA.
There are no bank penalties for withdrawals.
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