|Individual Retirement Accounts (IRA)|
The Credit Union offers Traditional, Roth and Coverdell (Educational) IRA's. Please consult your tax advisor for specifics of each IRA and which would best suit your retirement needs.
Traditional IRA's offer a tax-deferred retirement account, earning higher dividend rates, subject to rules and limits set by the IRS. Choose from an IRA Share Certificate or IRA share savings account.
ROTH IRA's offer a non-deductible retirement account that feature tax-free withdrawals for certain distribution reasons after a five year holding period. Choose from an IRA Share Certificate or IRA share savings account
Coverdell (Educational) IRA's offer tax-deferred accounts for educational expenses. Choose from a Share Certificate or share savings account for investments.