|
These Accounts Allow You to SAVE for
Retirement
(Traditional, Conduit
and Roth IRAs available)
-
Minimum $25 to open an IRA account
-
1
year, 18 months or 2 year Term Share Certificate IRAs available
-
Share type
IRAs also available
-
Spousal
IRAs for non-earning spouses that want a retirement also available
-
Day-in/day-out dividends paid monthly back in to IRA account
-
Deposits
can be made until April 15th for the prior year
-
Automatically renewed unless otherwise instructed
-
Contributions may reduce your taxes (see your tax advisor)
-
Current IRA/Deposit Rates
-
Early
withdrawal penalty on Term Share Certificate IRAs applies - the forfeiture
of 90 days dividends from the principal whether earned or not
Your
deposits are federally insured up to $250,000 by the
National Credit Union
Administration (NCUA),
a U. S. Government Agency.
IRAs insured separately.
Additional coverage through
Excess Share Insurance Corporation (ESI),a private insurance company,
insures 1CFCU deposit account
for an additional $250,000. IRAs insured separately for an additional
$250,000. |