Building your nest egg? Our IRA can help you prepare for retirement.
We offer Traditional, Roth, Roth Conversion, and SEP (Simplified Employee Pensions) IRAs. In many cases, our IRAs can save you money because the earnings are tax deferred, tax-deductable, or tax-exempt. You should always consult a tax advisor to determine your eligibility.
Contributions to your IRA Account are permitted within the IRS regulations (some limitations apply). Transfers, Rollovers, Direct Rollovers, and Conversions are available.
A withdrawl from the account if under 59.5 years of age is subject to IRS Penalty. Early withdrawl results in a penalty on principal amounts (some exceptions may apply).
Your IRA Account is federally insured to $250,000 by NCUA.
Traditional IRA
This IRA is the original type that began in 1975. It is designed so that contributions can be made tax-free, and taxed when utilized in retirement.
Roth IRA
This IRA, beginning in 1998, allows for post-tax contributions and tax-free earnings, if certain criteria are met.
