OPPORTUNITY KNOCKS
with a Home Equity Loan or
Line of Credit.

The equity in your home can provide valuable borrowing power to consolidate debt, finance an education or home improvement project, or for any number of financial needs.

Learn more about our Home Equity options >>

Individual Retirement Accounts

IRAs are a great way to save for retirement because your savings grow tax-deferred until you withdraw funds.* Brookline Bank offers a range or IRA account types to meet your needs.

Click on the underlined headings below to learn more about each IRA account type.

Traditional IRA

Contributions to a Traditional IRA are made with pre-tax dollars and are generally tax-deductible. Deductible contributions and earnings are taxed as ordinary income when you withdraw them. You may want to choose a Traditional IRA if you think you will be in a lower tax bracket at retirement.

Roth IRA

Contributions to a Roth IRA are made with after-tax dollars and therefore are not tax-deductible. Contributions and earnings are generally tax-free when you withdraw them. You may want to choose a Roth IRA if you think your tax bracket will be the same or higher at retirement.

Rollover IRA

Rollover IRAs allow you to consolidate funds from past employer plans such as 401(k) and maintain the tax-deferred status of the funds.

SEP IRA

Simplified Employee Pension (SEP) IRAs are designed to meet the retirement needs of small business owners and the self-employed. SEP IRAS allow larger tax-deductible contributions than traditional IRAs.

Visit us any Brookline Bank branch or call us at 877-668-2265 for help deciding which IRA is right for you. IRAs have complicated tax provisions so you may want to talk to your tax advisor about your IRA selections.

*Consult your tax advisor regarding your eligibility for these tax advantages.