Stock Yards Bank has become a leader in the retirement savings field. Our expertise and commitment to personal service has enabled our customers to achieve and surpass their retirement goals. IRAs are offered through our retail bank branches and our nationally recognized Investment Management and Trust Company.

Our customers have many choices when it comes to saving for retirement, and many have more than one type of IRA account. Whether your objective is tax deductible contributions, a continued tax shelter on retirement plan assets, tax free withdrawals at retirement or an education savings plan, we can help.

• Traditional IRAs
• Rollover IRAs
• Roth IRAs
• Conversion Roths
• Coverdell Education Savings Accounts
• SEP IRAs
• Simple IRAs
• Simple 401(k) plans
• Company retirement plans

Not sure which IRA is right for you? Try our Roth/Traditional IRA Comparison calculator, in the tools section.

Stock Yards Bank has one of the few locally managed IRA departments in the Kentuckiana area – no more calling out of town to get answers on your retirement funds. Customers also enjoy free IRA seminars throughout the year. Seminar topics range from estate planning techniques to distribution strategies and payment calculations.

Investment Management and Trust Department

• Ideal for qualified retirement plan rollover
• No load mutual fund portfolios individually designed for all investment risk tolerances
• Unbiased investment management based on the customer’s objectives
• Non-commission based investment management
• Self-directed IRAs available
• IRA administration expertise
• Annual management fee based on account balance
• Not FDIC insured – subject to risk including loss of principal

Retail Banking Investments:

• IRA Certificates of Deposit - $500 minimum deposit
• IRA Money Market accounts - $25 minimum deposit
• FDIC Insured

Let our IRA department help you:

• Meet investment goals through a planned investment strategy
• Continue tax shelter on retirement plan assets with a direct rollover from qualified retirement plan
• Structure distributions to minimize taxes
• Calculate mandatory distribution for participants and beneficiaries
• Enjoy penalty free withdrawals before age 59½
• Keep up to date on law changes that could impact your estate plan
• Learn the latest estate planning techniques at a free retirement planning seminar

Retirement Planning Calculators

Are you saving enough? How much will you have to take out of your IRA at retirement? Use our calculators in the tools section, to see what IRA best suits your needs and how much you will need to save to achieve your retirement goals.

Our IRA department is available to help you when you need us. Call our IRA Manager, Pam Nalley at (502) 625-2449 and see how Stock Yards Bank can help make your retirement dreams a reality.

IRAs are also available through our brokerage arm of Raymond James and Associates.