PRIMEVEST is proud to be part of the comprehensive financial services located at Security Bank & Trust Company. 

Today, people are increasingly aware that there are a great number of ways to invest money and enjoy a good return. They want to choose from a full spectrum of investment products. 

PRIMEVEST Financial Services, Inc. is an experienced brokerage firm, providing services to the customers of over 600 financial institutions nationwide. Whether you are a conservative, middle-of-the-road, or aggressive investor, PRIMEVEST provides financial opportunities for investors like you. 

To learn more about the full range of products available to meet your investment needs contact Dawn Genz or Judy Chastek, the PRIMEVEST Investment Executives at Security Bank & Trust in Glencoe for an appointment today.

• Mutual Funds
• Tax-deferred Annuities
• Individual Retirement Accounts
  • Traditional IRAs
  • Roth IRAs
  • Direct Rollovers
• Education Savings
  • Coverdell Education IRA
  • 529 College Savings Plans
• Small Business/Self Employed Retirement Plans
  • SEP
  • SIMPLE
• Investment Website Links

Mutual Funds are a favorite investment vehicle for many Americans. They offer diversification and professional management, with the potential for a higher total return than traditional bank accounts. 

Mutual funds may be invested in U.S. Government securities, stocks, corporate bonds, municipal bonds, or in a combination of these options. With PRIMEVEST there are many fund families to choose from. Whether you’re a conservative, moderate, or aggressive investor, there’s a mutual fund to fit your investment goals.

Mutual Funds are available for:

• Individual or joint accounts
• Traditional IRAs
• Roth IRAs
• Coverdell Education Savings Accounts (formerly Education IRA)
• 529 College Savings Plans
• UTMA (Uniform Transfer to Minor Account)

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Annuities are tax-deferred investment products offered by insurance companies. Fixed and variable annuity contracts are available through PRIMEVEST.

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Traditional IRA

• Tax-deferred earnings
• Tax deduction for qualified taxpayers
• Can be used to receive a direct rollover from your employer plan
• Investment options include mutual funds and annuities

Consider a Traditional IRA if:

• You are looking for a tax deduction
• You anticipate being in a lower tax bracket in retirement

Roth IRA

• Tax-free earning on qualified distributions
• Non-deductible contributions
• No required distributions at age 70 1/2
• Investment options include mutual funds and annuities

Consider a Roth IRA if:

• You do not qualify for a deduction on the Traditional IRA
• You expect to be in a higher tax bracket at retirement
• You want your money to grow tax-free

IRA Contribution Limits - You may contribute 100% of your earned income up to the amount of the maximum annual contribution limit.

"Catch-up" provision - Individuals 50 or over before the close of the tax year can make an additional contribution of $500 for the tax years 2002 to 2005 and $1,000 for tax years 2006 and beyond.

Direct Rollover - A direct rollover moves money from your employer 401(k) or retirement plan to a Traditional IRA.  This is not a taxable event.  If you have questions concerning a direct rollover or need help completing the paperwork, stop in the PRIMEVEST office at Security Bank and Trust in Glencoe.

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Educational Savings

Coverdell Education Savings Account - (formerly the Education IRA)

• Contributions are non-deductible
• $2,000 annual contribution limit per beneficiary
• Contributions may be made for children younger than 18
• Accounts must be used by age 30
• Mutual fund investment options
• Earnings are tax-free if used for qualified education expenses

529 College Savings Plans

• Contributions are non-deductible
• High contribution limits (limits of $200,000 & over available)
• No age limitations on contribution or distributions
• Mutual fund investment options
• Earnings are tax-free if used for qualified higher education expenses

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Small Business / Self Employed Retirement Plans

SEP and SIMPLE accounts are retirement plans for self-employed individuals and small business. If you have questions about how these plans can benefit you, contact the PRIMEVEST account representative at Security Bank & Trust in Glencoe.

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Investment services are offered through PRIMEVEST Financial Services, Inc. and are available at Security Bank & Trust Company of Glencoe MN. Securities and insurance products provided by PRIMEVEST are:

• Not FDIC insured

• No financial institution guarantee

• Not a deposit

• May lose value

• Not insured by any federal government agency

PRIMEVEST Financial Services, Inc. is an independent, registered broker/dealer. 
Member SIPC & NASD.

Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States. View Primevest privacy policy. View important information regarding Primevest.