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Roth IRA
It’s never too early to plan for your retirement. With a Roth IRA, your earnings are tax-free when you begin withdrawing distributions. However, your contributions are not deductible. This is a great account to help plan and supplement your financial security after you have retired.
  • An IRA can provide great financial flexibility.
  • There are no monthly or annual service charges and standard IRA rules apply.
  • IRA accounts are federally insured separately from your other savings accounts up to $250,000.
  • Dividends are compounded daily and paid monthly.
When can a member use their Roth IRA Assets?
If two conditions are met, withdrawals from a Roth IRA can be made tax-free and penalty-free. First, a Roth IRA must have been open for a minimum of 5 years. Second, the withdrawal must be made after an occurrence of the following:
  • Age 59 1/2
  • Death
  • Disability
  • First-time home buyer expenses
To open a Roth IRA Account, just visit any branch and speak to a Specialty Services Representative.
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