09/30/2024 | Press release | Distributed by Public on 09/30/2024 06:58
COLUMBUS, Ohio - Sept. 30, 2024 -Bread Financial® (NYSE: BFH), a tech-forward financial services company, today introduced its IRA Retirement Savings and CDs, a new individual retirement account (IRA) offering that includes High-Yield Savings Accounts (HYSA) and Certificates of Deposit (CD) options. The new product is designed to empower customers by helping them achieve their retirement goals with highly competitive IRA rates and tax advantages, supplementing their traditional retirement savings.
Empowering Retirement Goals
Bread Financial's IRA Retirement Savings and CDs combines traditional IRAs with the benefits of a HYSA and CD to grow customers' retirement savings. With highly competitive interest rates and tax benefits, customers can open an account in minutes and boost their savings for retirement.
Key benefits include:
"Our new retirement savings offering underscores our commitment to empowering customers with the best financial solutions at every life stage," said Mark Colucy, senior director of banking operations, Bread Financial. "With our IRA Retirement Savings and CDs, customers can boost their retirement savings goals and build toward a more financially secure future."