The chart below is designed to show you the value of saving on a regular basis and the benefit of compounding interest. *

	Average balance in your account if you don't make any withdrawals
Annual Contributions	In 5 Years	In 10 Years	In 20 Years	In 30 Years	In 40 Years
$500 (About $2 per day)	$2,849	$6,379	$16,174	$31,217	$54,318
$1,000	$5,697	$12,757	$32,348	$62,434	$108,636
$2,000	$11,394	$25,515	$64,697	$124,868	$217,272
$3,000	$17,092	$38,272	$97,045	$187,302	$325,908
$4,000	$22,789	$51,029	$129,393	$249,736	$434,544

Unlike a contribution to a Traditional IRA, Roth IRA contributions are not tax deductible. However, when you withdraw money from a Roth IRA, none of it -- and that includes the interest -- will be taxed, assuming that the Roth IRA has been open for at least five tax-years and you are over age 59 ½. If you withdraw money before the age 59 ½, an IRS penalty will apply.

* The chart above is based on an Annual Percentage Yield of 4.29%. Yields may vary with a First National Bank of Durango IRA.

First National Bank of Durango Account Information:
Interest is compounded daily for all IRA accounts. Fees may reduce earnings. There is a $500 minimum balance required to open an IRA. The First Flex IRA interest rate is variable and subject to change at any time without notice. A penalty may be imposed for early withdrawal. Please see a Personal Banker for complete details.