Roth Individual Retirement Account

What is this product/service?
After-tax retirement dollars deposit to a savings account, High Yield Plateau, or retirement CD

Who uses it?
Qualifying members interested in supplementing retirement income

Related services?
All Share Products, Checking Products, Members Financial Services, Traditional IRA, Education Savings Account (ESA), Certificates

Rates (Click Here)

Fee Schedule (Click Here)

Features
Benefits
Contributions can be withdrawn tax-free and penalty-free at any time. CD penalty may apply. Members have access to these funds if needed without being penalized. Peace of mind.
Earnings are tax-free if account is open for 5 tax years and withdrawn for a qualified reason Saves members money by having access to their money tax-free when they reach retirement (age 59 ½), become disabled, or make a first-time home purchase.
No administrative fees Member saves money.
Not required to start withdrawals at age 70 ½ Security in the knowledge that they don't have to withdraw the money if they don't need it.
National Credit Union Share Insurance (NCUSIF) Peace of mind in knowing that your savings are fully insured up to $100,000 by the Federal Government.

Note: For dividend and fee information, please refer to the "Rate & Fee Schedule"