Traditional and Roth accounts are available for your future saving goals and insured to $250,000 by the NCUA. IRA contributions may be tax deductible or tax deferred (ask your tax advisor for information). Dividends paid quarterly. Contribution limit for 2026 is $7,500. If within the tax year you will be age 50 or older you can contribute an additional $1,100.
New Deposit Policy limits to $300,000.
IRA Comparison
| Item |
Traditional |
Roth |
| Deductible Contributions? |
Yes |
No |
| Tax Deferred Earnings? |
Yes |
Not after Age 59 1/2 |
| Early Withdraw Penalty? |
Yes, 10% prior to 59 1/2 |
No |
| Contributions Age Limited? |
No |
No |
| Withdrawal Requirement? |
Yes, at 73 |
No |