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 2023 is $6,500. If within the tax year you will be age 50 or older you can contribute an additional $1,000.

Click links to learn more about Traditional or Roth IRAs.  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

Review Link Attachments for more details.