Home   En Español About Us Locations & ATMs Careers Contact Us Feedback
North Shore Bank
User Name:

Forgot password? 
Login help.  New user? 
Log in.
New User 
Full Acct #:
Password:
Forgot your password? 
New user? 
Log in.
Log in.
Forgot your password? 
New user? 
Log in.
Find the best rate for you.
Tools for good decisions.
Get started today.
More For You

Roth IRA Contribution Limits Table

If you have earned income and if your individual or joint modified adjusted gross income (MAGI) falls within certain parameters, you may contribute 100% of earned income up to: 1

YearAmountCatch up amount (minimum 50 years old)
2011$5,000$1,000
2012$5,000$1,000
1 Please contact your tax advisor for further information

What else you should know?

  • Your contributions to a Roth IRA are never tax-deductible. However, your earnings will accumulate and grow tax-free. Plus, if certain criteria are met, you may withdraw the money free from taxes.
  • You can begin taking "distribution" withdrawals from a Roth IRA without paying taxes or penalties if you have held the account for at least 5 years and have reached at least 59½ years of age. Unlike with a Traditional IRA, there is no requirement to withdraw a minimum amount at any age.
  • 1 These are intended as guidelines only, please contact your tax adviser for further information.

Still have questions? We can help.

  • E-mail us.
  • Call us at 877.672.2265.
    (8:30 a.m. until 7:00 p.m. CST, Monday through Friday, 9:00 am until 5:00 pm CST, Saturdays, & 10:00 am until 3:00pm CST, Sundays, excluding bank holidays)
  • Stop by your neighborhood branch.