Roth IRA Accounts

A Roth IRA is an individual retirement account to which participants are able to make annual non-deductible contributions. Unlike a traditional IRA in which your earnings are tax-deferred, Roth IRA earnings can be tax-free.

You may be eligible to convert your traditional IRA to a Roth IRA, ask one of our Member Services Representatives for more information regarding these conversions.

To receive more information on Education IRA’s, please call us at 363-4631.

Qualified distributions may be withdrawn tax and penalty free. Non-qualified distributions may be taxable and subject to an IRS 10% early distribution penalty. To receive more information on Roth IRA’s, contact the Credit Union.