Individual Retirement Accounts (IRA's) are a tax deferred investment product that offers you an excellent oppourtunity to save for retirement. Lake Area Bank offers a variable savings IRA, and a fixed term IRA certificate of deposit product.  Contact a Personal Banker at a location near you.

Because IRA's are designed as retirement savings, you cannot withdraw funds from the account without a tax penalty before you are age 59 1/2. Some exceptions may apply. Your IRA contribution may be fully or partially tax deductible, please consult a qualified tax advisor for complete tax information.