OUR TRUST SERVICES
In 1967, State Nebraska Bank & Trust began offering trust services to our customers to help better manage assets and plan for retirement.
OUR RETIREMENT & SAVINGS ACCOUNTS
A Traditional IRA is a special tax deferred savings plan used to help you save money for retirement. Anyone under the age of 70 ½ years of age for the entire tax year and has earned compensation may contribute to a Traditional IRA. Consult your tax professional to see if you would qualify for a Traditional IRA.
A Roth IRA is a retirement account in which participants can make annual non-deductible contributions. Unlike a Traditional IRA, in which your earnings are tax-deferred, Roth IRA earnings can be tax free. Consult your tax professional to see if you would qualify for a Roth IRA.
Health Savings Account
By establishing a Health Savings Account (HSA) in conjunction with a high-deductible health plan, you are taking healthcare savings back into your own hands. Unlike a cafeteria savings plan, you can carry-over unused contributions from one year to the next. HSAs allow you to make contributions and earn interest tax free. Your distributions may also be tax free as long as they are used for qualified medical expenses.
Coverdell Educational Savings Account
Need help with those educational expenses? The tax benefits of the CESA include tax-deferred growth of earnings and tax-free distributions, if used for qualified educational expenses. You may contribute $2,000 per year for the benefit of a child until they reach the age of 18.
Our Trust Department can help you with any of our trust services.
David R. Ley
Chairman of the Board & Trust Officer
Matthew H. Ley
CEO & Trust Officer
Vice President & Trust Officer
Human Resources Director & Assistant Trust Officer