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Retirement Accounts

Help ensure the security of your financial future with a retirement account from United Bank & Trust Company. Our retirement accounts are an excellent means to supplement your employer’s retirement plan, or, if you are self-employed or a small business owner, our plans are an easy and effective way to create your own retirement plan. Whatever your financial goals, we offer the tools and services to fit your needs. First, consult your tax or legal professional for guidance. Then, visit with a retirement plan specialist at any of our offices for more details on the features of our retirement accounts. Start building your nest egg today!


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Current interest rates on IRA Accounts:

• Marcia Etnier at Sheffield
• Lynette Mossman at Dows
• Brenda Bradley at Alden
• Marlys Pralle at Hampton



Traditional IRAs
  • Great way to supplement a personal retirement plan
  • Persons under the age of 70 – for the entire year with earned income, are eligible to contribute
  • Earnings grow tax-deferred
  • Annual contributions may be tax-deductible
Roth IRAs
  • Powerful combination of retirement savings tax benefits
  • Persons of any age are eligible if they meet certain income criteria
  • Contributions are not tax-deductible
  • Earnings grow tax-free
  • No tax or penalties on qualified withdrawals
SEP Accounts
  • Low cost alternative for retirement savings
  • Self-employed or small business owners are eligible to establish a SEP for themselves and their employees
  • Contributions and earnings grow tax-deferred until withdrawn
SIMPLE IRA Plans
  • Ideal for small employers who do not currently sponsor a retirement plan
  • Easy to set up and low administrative costs
  • Employees and employers are eligible to make contributions for employees
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