An IRA is a tax-advantaged account that can help you save for retirement.
A Traditional IRA offers the advantage of tax deductible contributions now, if eligible, building earnings until you need them, and deferring taxes on your earnings until they are withdrawn.
A Roth IRA offers flexibility by allowing you to pay taxes now and reap the benefits in the future. WIthin qualifying limits, Roth IRA contributions and earnings may be withdrawn tax-free.
IU Credit Union offers both IRA Savings Account and IRA certificates* ranging in terms from six months to six years. Early withdrawal penalties may apply.
*An IRA Savings is required.
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