Roth IRA Accounts Description: This account allows you to save for your retirement. Earnings are tax-free. Requirements: Minimum balance to open account is $25.00. Minimum balance to receive the annual percentage yield disclosed is $0.01. Benefits: Save for your retirement with earnings that are tax-free. Earnings grow faster with tax-free status. Tax-free withdrawals for certain distribution reasons after five years. You can select your maturity. Choose from next day (IRA Savings) to a five year certificate of deposit. Cost: No annual fees on these accounts. No service charges on these accounts.