ROTH IRA

This IRA differs from the traditional in that you cannot deduct your contributions, but you receive all qualified distributions tax-free.

• No annual maintenance fee
• Possible tax-free earnings
• Low opening deposit of $25
• No mandatory distribution requirements
• Early withdrawal exceptions
• NCUA federally insured*
  

*Effective April 2006, the NCUA began insuring credit union retirement accounts up to $250,000. This insurance protection is separate from the $100,000 basic coverage on other credit union accounts.

Deciding between Traditional or Roth IRAs? For more information click here.