IRAs

Senior Couple and SaleswomanWe are proud to offer our members Individual Retirement Account (IRA) plans: Traditional IRAs and Roth IRAs.  Talk to us about which plan best suits your goals, what taxes or penalties are on each and how to transfer funds from another IRA plan.

Traditional: Defer taxes on the earnings until you withdraw the funds in retirement (70 1/2 years old).

Roth: All earnings  grow tax-free with no age limitation when you must start withdrawing the funds. Gives “qualified distributions”, account must be opened for at least 5 years, and you are either older than 59 ½, disabled, or a first-time home buyer ($10,000 lifetime withdraw Limit).