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Retirement Accounts

Individual Retirement Accounts

Uphold Your Standard of Living

Individual Retirement Accounts (IRAs) are a great way to uphold your standard of living after retirement. Both Traditional and Roth IRA options provide excellent tax-advantaged benefits to help you make the most of your retirement dollars.

  • Traditional IRA: Traditional IRAs allow earning to grow tax-deferred until they are withdrawn.*
  • Roth IRA: Roth IRAs provide a non-deductible alternative to traditional retirement savings. Contributions are made with after-tax dollars.**

Meet with us

Meet with an Ideal CU Representative to get started or to discuss your current plan.

  • Open a new IRA Money Market or CD
  • Make changes to or discuss your current IRA Plan
  • Designate or update your IRA beneficiaries

Make an Appointment

Ideal IRA Accounts

*TRADITIONAL: Early withdrawals are subject to ordinary income tax and a 10% penalty if distribution taken before reaching age 59½.

**ROTH: Earnings distributions from a Roth IRA may be subject to taxes and a 10% penalty if account is less than five years old and the owner is under age 59½. Be sure to consult your tax advisor for more information about the tax benefits of IRAs.