• No monthly fees.
• Contributions may be made in lump sums or by regular deposits to your IRA Share Account throughout the year.
• Dividends are paid monthly.
• IRA Share Certificates are also available with a minimum deposit of $500.
• For current IRA and IRA Share Certificate rates, check out our RATE BOARD.
• To compare IRA features, check out this Quick Comparison Chart.

Traditional IRA*

A Traditional IRA is an account that allows you to defer taxes on your earnings until they are withdrawn. Also, certain contributions may be tax deductible in the year they are made.

Roth IRA*

The Roth IRA is an account that features tax-free withdrawals for certain distribution reasons after a five-year holding period. Since Roth IRA contributions are non-deductible and taxed in the year they are earned, members who expect to be in a higher tax bracket when they retire may benefit more from a Roth IRA than from a traditional IRA. Unlike the Traditional IRA, there is no requirement to begin taking distributions at age 70 ½.

Coverdell Education Savings Account*

The Education IRA, recently renamed the Coverdell Education Savings Account, is a type of tax-advantaged savings account created by the Taxpayer Relief Act of 1997. This IRA's sole purpose is to help you pay for your child's education expenses. Eligible expenses are tuition, fees, books, supplies, and equipment. In some cases, room, board and computer costs may be considered eligible expenses. These options were improved by the Economic Growth and Tax Relief Reconciliation Act of 2001.

* Please consult your tax advisor for current retirement regulations that may affect your investment decisions.