Retirement Planning

IRAs and 401(k) Rollovers

You work hard for your money, and you want to make sure it lasts after you’re ready to stop working. With retirement planning services from Farmers & Merchants State Bank, you can set yourself up to live comfortably when you are ready to retire. 


An Individual Retirement Account, known as an IRA, makes saving for your retirement easier. We offer Traditional and Roth IRAs in a variety of terms.

*All Individual Retirement Accounts may have penalties for early withdrawals. Maximum annual contribution regulated by law.

**Consult your tax advisor for additional information regarding taxes

401(k) rollovers

Whether you are changing jobs or retiring, if you need to roll over your employer-sponsored 401(k), you have several choices to consider:

  • Meet with our in-house financial planner for a free financial review
  • Roll you 401(k) over to an IRA
  • Complete a rollover to a 401(k) plan with a new employer
  • Leave your assets with your current 401(k) plan
  • Collect the money from your current 401(k)

Prepare for Retirement Today

If you’re ready to start saving more effectively for your retirement, Farmers & Merchants State Bank is ready to help. If you’re switching banks, use our switch kit to make the process easier, or call us at 1-888-478-3007.