Credit Union IRA: A Smart Way to Save for Your Future
An IRA is a tax-deferred savings account that allows you to save money for retirement. We offer several different Traditional IRA and Roth IRA options to suit your needs.
Whether you’re saving for your child’s education or planning for your own retirement, our IRAs are designed to help you grow your money. With competitive rates and convenient access, we’re here to help you build a solid foundation for your future.
Our IRA Money Market Account is an excellent way to stretch your retirement savings further, beginning at just $100. This account offers a guaranteed return with the tax benefits of an IRA.
Special Share/IRA Certificates are available with terms Credit Union IRA from 13 months to 25 months and a low $1,000 minimum deposit.
Jumbo Share/IRA Certificates are also available for terms of 6 to 60 months, with a higher minimum balance requirement than the other IRA certificates.
Ladder IRA Certificates are 5-year certificates that pay the same rate for a term of 1 to 5 years, automatically renewing into another five-year certificate or having the option to be redeemed.
Investing with IRAs is a great way to make your retirement savings go further, so start thinking about your options today!
Credit Union IRAs are insured up to $250,000 by the National Credit Union Administration (NCUA), which is an independent government agency. You can fund your IRA account from a Regular Share Savings or Money Market Account, Certificate, Coverdell ESA, or from any qualified pension plan, Thrift Savings Plan, or retirement benefit.
When you’re ready to retire, take the time to talk to an IRA specialist at your local GECU branch. We can help you decide how much to contribute and when to begin making withdrawals.
IRAs are one of the smartest investments you can make for your future. They require little administration, are easy to set up, and offer competitive returns. Plus, we’re here to answer your questions and help you grow your wealth!