Please note: All SouthEast Bank branches will be closed on Friday, July 4th and Saturday, July 5th.
FDIC logo FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Home / IRA

Individual Retirement Accounts (IRA)

It’s never too early to plan your future. SouthEast Bank offers a variety of retirement accounts to fit your needs. Visit your local branch to learn more about the following retirement accounts(1):

  • Traditional IRA
  • Roth IRA
  • Simplified Employee Pension (SEP)
Individual Retirement Accounts Ira - Southeast Bank

Retirement Accounts at a Glance:

Traditional IRA

Traditional IRAs are funded with pre-tax dollars. There can be tax savings for savers who believe they will be in a lower tax bracket at retirement. Funds from these accounts are taxed when withdrawn.

Roth IRA

Roth IRAs are funded with after-tax dollars and the contributions to these accounts are not tax-deductible. The advantage comes at withdrawal and the core funds plus any interest growth can be withdrawn tax-free.

Simplified Employee Pension (SEP)

A simplified employee pension (SEP IRA) is a retirement plan that either an employer or self-employed individuals can establish. SEP IRAs are mostly used by small businesses and self-employed individuals. They are designed to meet their retirement savings needs, especially amongst small businesses and the self-employed.

Browse Our Retirement Calculators

Unsure which account is right for you? Browse SouthEast Bank’s retirement calculators and make a plan to reach your goals.

Get Started Towards Your Retirement Today.

In-Branch and Online, We’re Good to Know

Open an Account

Open a checking, savings, or certificate of deposit account with us today. Accounts designed with you in mind.

Find a Branch

Get to know your local team by visiting one of our branches. We’re proud to serve Middle and East Tennessee.

Meet with Someone

Whether you’re looking to explore account types or lending options, our staff is ready to assist you.