Individual Retirement Accounts PDF Print E-mail

istock_000004514625xsmaller.jpgIndividual Retirement Accounts (IRAs) are one of the most effective ways to save for your retirement. They provide you with tax advantages for saving and guarantee a return on your investment. As long as you meet some limits on your income and on the amount you contribute, you can add to the account each year.

The different types of IRAs we offer include:

 
Traditional IRA PDF Print E-mail
Whether retirement is in your near future or still years away, it's always the right time to plan for retirement. A Traditional IRA provides you with significant up-front tax advantages. Less money is initially taken out for taxes allowing your savings to compound. The earnings you accumulate are tax-deferred, contributions are tax deductible if you qualify (consult with your tax advisor), and the amount you can contribute may increase from year to year.  Take advantage of the Traditional IRA benefits:
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Roth IRA PDF Print E-mail

 

If you'd rather pay taxes on your retirement income now rather than later, consider a Charleston Area FCU Roth IRA.
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IRA Certificates PDF Print E-mail
If you're nearing retirement and want an IRA with a higher dividend rate, consider one of our IRA Certificate Accounts.
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Coverdell Education Savings Account PDF Print E-mail

Whether you are saving for your child, grandchild, niece, nephew, or even a friend with a bright future, a Coverdell Educational IRA can help you start saving early for the rising cost of higher education.

Read more... [Coverdell Education Savings Account]