LGFCU IRAs
Members of LGFCU can choose from three types of IRAs: Traditional, Roth, or Simplified Employee Pension (SEP). The Traditional and Roth accounts are insured up to $250,000* and offer no annual maintenance fees and a low opening deposit of $25.
The SEP IRA is a pension plan established by a self-employed individual. The SEP IRA is a traditional style IRA that is owned and controlled by each employee.
*This insurance protection is separate from the $100,000 basic coverage on other credit union accounts.
Golden Circle Club
As part of preparation for retirement members may also want to move from a traditional savings and checking account to LGFCU’s Golden Circle account. The Golden Circle Club is not just for retirees anymore. All members age 50 years and above can receive the benefits of a package of some of our most popular services to meet your special financial needs.
Plan to retire today
- Contact the Call Center at 888.732.8562 or
- Visit your local branch
Features
- Social Security or any other recurring government check automatically deposited into the LGFCU account of your choice.
- Two free boxes of checks per year
- Free American Express Travelers Cheques
- Free Money Orders
- Free notary services
- Two free U.S. Wire transfers per month
- International wires are available for a $25 fee
- No minimum balance
- Earns interest compounded daily and paid monthly
- $1 per month maintenance fee
- Maximum of 50 checks per statement period
- Per-item fee for each check over 50 is $.20
