Financial Plus Credit Union

Traditional and Roth IRAs

Choosing Financial Plus for your IRA is like choosing a guaranteed delivery service versus standard mail.
You get something better!

Individual Retirement Accounts (IRAs) are federally regulated savings accounts designed to help you save for retirement.  When you get your IRA at Financial Plus, it is insured by the National Credit Union Administration, a U.S. Government agency.  That means, your hard earned dollars are going to be there when you need them - guaranteed.

At Financial Plus you can choose from a Traditional or Roth IRA:

  • Traditional IRA deposits (contributions) may be tax deductible under certain conditions and the dividends earned are tax-deferred.
  • Roth IRA contributions are not tax deductible but qualified distributions (withdrawals) are not taxable.

You can learn more about both Traditional and Roth IRAs by clicking on the Internal Revenue Service's link below.

If you're just getting started, you can open an IRA Share Savings Accounts that can help you build up enough funds to open an IRA. We also accept IRA rollovers from other financial institutions or employer accounts at which you may have an IRA. 


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