These accounts are designed to help you save for retirement! NCUA insured credit unions receive up to $250,000 of protection per individual for the combined total of Traditional and Roth IRAs, self-directed Keoghs, and certain other retirement accounts. These retirement accounts are insured separately from other deposits at the same credit union. Income and compensation limitations apply. Please contact a tax professional to determine eligibility. For more information, contact the Credit Union.
After-tax contributions allow your money to grow tax free. Withdrawals are penalty and tax free after 59 1/2.
Perfect for rolling over existing qualified plans such as 401ks. Contributions grow tax-deferred allowing possible tax benefits