Individual Retirement Accounts (IRAs) assist you in saving for your future. We have Traditional and Roth IRAs with competitive dividend rates. Contact us for more information on each type of IRA and we’ll help you decide what is best for your needs. Our IRAs are offered with variable dividends rates, the more you save the higher your earnings! All Share Certificate terms are also available as IRAs.

  • Traditional IRAs permit individuals to deposit up to $5,500 annually if you are under 50 years of age and $6,500 if you are 50 years of age or older. Married couples can each contribute a maximum of $5,500, even if only one has earned income. The tax deductibility (check with qualified tax advisor) of IRA contributions depends on individual income for single taxpayers or combined income for married couples filing jointly.
  • Roth IRA, unlike Traditional IRAs, contributions to a Roth IRA are never tax-deductible. However, the money in your Roth IRA, including earnings, can be withdrawn tax-free. Of course, you must conform to the plan provisions to get this tax-free advantage.

Individual Retirement Accounts (IRAs) are now federally insured up to $250,000. Open the CoAFCU account that is right for you, simply call, email or stop by one of our branches. Start your future today!