IRA
Traditional IRA
Your money is invested in a high-yield, fixed rate CD.
Simple IRA
The new Savings Incentive Match Plan for Employees provides small business workers a smart and easy way to save for the future.
Spousal IRA
This unique IRA allows the combined total of your annual contributions to be higher than before.
Education IRA
The Coverdell Education Savings Account (Education IRA) is a non-deductible account which offers withdrawals that are generally not taxed when withdrawn for a very specific purpose—a child's higher education expenses.{82}
Roth IRA
The Roth IRA is a non-deductible account that features withdrawals that are generally not taxed when withdrawn for a qualified distribution reason after the applicable holding period.{82}
SEP IRA
A Simplified Employee Pension Plan IRA is a business retirement plan that gives an employer an immediate tax break when contributing money into its employees' tax-deferred IRAs.
Applying for a Simmons Bank savings account is simple. When you apply with a Simmons Bank associate, you’ll need to gather a few things:
- Basic Financial Information
- Social Security Number
- Employer Information
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{97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
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{82} This information should not be relied on or interpreted as accounting, investment, legal, or tax advice. Simmons Bank does not provide tax advice and encourages you to consult with a tax professional concerning your specific situation and visit www.irs.gov for current tax rules.