IRA Options

Now is a great time to settle your financial future! United Consumers Credit Union offers Individual Retirement Account options that help you personalize your retirement plan and maximize your benefits. You can even roll over or invest funds from an existing IRA.

Traditional IRA

• Anyone younger than 70 ½ may deposit to an account
• Receive competitive dividends on your investment
• Withdraw funds penalty-free for qualified expenses or after the age of 59 ½
• Enjoy tax-deductible contributions*
• Transfer from another qualified account to United Consumers Credit Union
• Pick your tax deferred investment from a standard savings to a 60 month certificate of deposit

Roth IRA

• Open your account with only $25, and make contributions at any age
• Receive competitive dividends on your investment
• Contributions may be withdrawn at any time
• Enjoy tax-free interest distribution after age 59 ½ or for qualified expenses*
• Transfer funds from another qualified account to United Consumers Credit Union
• Pick your tax protected investment from a standard savings up to a 60 month certificate of deposit

 Coverdell Education Savings Account

• Save for college expenses until the beneficiary reaches 18 or pays tuition
• Receive competitive dividends on your investment
• Withdrawals for qualified education expenses are tax and penalty-free*

Click here to learn more about these accounts, then visit the UCCU office to talk with our advisors about which IRA option is right for you!