Retirement Account Protection & Savings Options

At Alpha Guaranty Trust Bank, safeguarding your future is at the heart of what we do. Under current regulations, deposits in qualified retirement accounts are protected up to £250,000 per depositor, per insured institution. This coverage extends across a range of retirement plans, including:

  • Traditional & Roth IRAs (Individual Retirement Accounts)

  • 457 Plans for state government employees

  • Employer-sponsored defined contribution plans, such as self-directed 401(k)s

Importantly, retirement accounts are insured separately from other deposit accounts, giving you additional peace of mind that your retirement nest egg is secure.

Why Choose a Retirement Account with Alpha Guaranty Trust Bank?

An Individual Retirement Account (IRA) is one of the most effective ways to build financial security for tomorrow while enjoying unique tax advantages today. But IRAs aren’t just for retirement—these accounts can also be used to:

  • Save for your first home

  • Fund higher education expenses for you or your family

  • Consolidate savings through rollovers from workplace retirement plans

At Alpha Guaranty Trust Bank, we provide a wide range of IRA solutions to help you reach your goals—whether you’re just starting to plan or enhancing an established strategy. Choose between an IRA Savings Account or an IRA Certificate of Deposit to match your needs.

Which IRA Fits Your Future?

🌐 Traditional IRA

  • Contributions may be tax-deductible

  • Savings grow tax-deferred until withdrawal

  • A strong option if you want immediate tax benefits today while planning for tomorrow

🌐 Roth IRA

  • Earnings grow TAX-FREE when withdrawn as a qualified distribution

  • No required minimum distributions at age 70½

  • Continue contributing as long as you (or your spouse) have earned income

  • Ideal if you want long-term tax freedom and flexibility

🌐 Education Savings Account (ESA)

  • Contribute up to £2,000 annually per child

  • Funds grow tax-free when used for qualified education expenses

  • Covers costs from primary school through university (including tuition, books, equipment, and even room & board)

  • Contributions can be made by parents, relatives, or friends until the child turns 18

  • Special provisions apply for children with special needs

The ESA is a thoughtful way to invest in a child’s future while taking advantage of meaningful tax benefits.

Build Your Future with Confidence

Whether you’re planning for retirement security or educational milestones, Alpha Guaranty Trust Bank provides the expertise, protection, and tailored options to help you succeed.

💡 Start today. Open your IRA or ESA with Alpha Guaranty Trust Bank and take the next step toward financial independence.

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