Individual Retirement Accounts (IRAs)
A variety of Individual Retirement Account options are available to you at RCU. No matter which IRA you choose, you'll receive the unique benefits of tax deferred dividends. Our IRA products include:
- Traditional and Roth IRAs
- Coverdell ESAs
- SEP
- Learn More about IRAs
- IRA Deposits Are Now Insured to $250,000 by the NCUA
IRA Money Market Accounts
If you're looking for a liquid IRA option, consider an RCU IRA Money Market Account.
- Traditional and Roth IRAs
- Allows you to defer taxes on IRA earnings until funds are withdrawn
- Certain contributions are tax deductible, ask your tax advisor for details
- Minimum balance of $5 ($100 to earn dividends)
- Money Market Growth IRA - minimum opening deposit as low as $5 ($100 to earn dividends)
IRA Share Certificates
If you're interested in a term IRA, consider an RCU IRA Share Certificate.
- Variety of terms to choose from three months to five years
- Minimum balance $1,000
- Dividends are compounded and paid monthly
Traditional IRA Forms & Applications |
Roth IRA Forms & Applications |
- IRA Frequently Asked Questions (FAQs)
- Roth IRA Frequently Asked Questions (FAQs)
- Traditional IRA Frequently Asked Questions (FAQs)
- IRA Basics: Is the Traditional or Roth Right for You?
- 7 Secrets of 401(k) Success
- Introduction to Traditional and Roth IRAs Brochure
- Roth IRA Brochure
- Traditional IRA Brochure
- Prepare for Financial Security Brochure
- Retirement Planning Brochure
Learn More about IRAs, Saving and Investing
If you have questions or would like to apply for an RCU IRA Share Certificate, please call us at: (800) 479-7928, or visit an RCU branch.
Coverdell Education Savings Account (ESA)
The Coverdell Education Savings Account (formerly know as Education IRA) can be a smart way to save for your child's education.
- Nondeductible account that features tax-fee withdrawals for child's qualifying higher education expenses
- Minimum balance of $5
- Coverdell ESA FAQs
- Coverdell Brochure
- Current Rates
Coverdell ESA IRA Forms & Applications |
If you have questions or would like to establish an RCU Coverdell Education Savings Account (ESA), call us at: (800) 479-7928, or visit an RCU branch.
Simplified Employee Pensions (SEP)
SEPs are an easy way employers can set up a plan to provide retirement income for themselves and their employees. Our SEPs include:
SEP Shares
- Low minimum balance of $5 ($100 to earn dividends)
- A higher maximum annual contribution than a traditional IRA
SEP Certificates
- Variety of investment terms (1 year; 18 months; 30 months; 2,3,5, or 8 years)
- $1,000 minimum balance
- Dividends are compounded and paid monthly
Current rates (Note - SEP Share & Certificate rates mirror RCU's Regular Share & Certificate rates)
If you have questions or would like to establish an RCU SEP Certificate, please call us at: (800) 479-7928, or visit an RCU branch.
It's your money - it's your choice. When you've decided which RCU Retirement and Investment Account is best for you, simply complete an online Checking application or print off the form and mail a completed copy to us. If you have questions about our Retirement and Investment accounts, please call us at: (800) 479-7928, or visit an RCU branch.
Applications & Forms
Savings Calculator
Education Article -Make Retirement a Reality
Financial Fitness (Balance)
Rates - Savings
