Skip nav to main content.
Roth IRA

When you want to save for a comfortable retirement

Use the powerful retirement savings tool known as a Roth IRA to help you start building funds for your future.


Enjoy peace of mind about your financial future, knowing you'll have enough funds to use after your retirement.


Tax-free distributions*

With this type of IRA account, you can grow your funds that will turn into tax-free distributions after you retire.

Tax-free growth*

You may not have to pay taxes every year on your Roth IRA's earnings.

No required minimum distributions

You will not have to worry about any required minimum distributions from the account after you retire.

Multiple investment options

You can invest in a variety of stocks, bonds, mutual funds, or ETFs with your Roth IRA account.

And more...

Good to know

Contribution limits

There is a $6,000 annual contribution limit, or a $7,000 annual limit if you are 50 or older as of 2021.

Income limits

Unlike traditional IRAs, Roth IRAs have certain income limits.

Withdrawal penalty fees

It is important to note that if you withdraw earnings before the account is five years old, or if you are below the age 59 1/2, there is a 10% penalty fee. You can always withdraw your own contributions penalty-free.

Opened by you

Unlike a 401K provided by employer, you must open your own Roth IRA and make contributions to it annually.

Contribution tax limitations

Be aware that your contributions are not tax-deductible.

Your hard-earned money is safe

  • a-plus-stability-rating

    Rated one of 21 strongest credit unions in the US by Weiss Ratings in 2021

  • 4th-healthiest-cu

    Rated 4th healthiest credit union in the US by Glatt Consulting HealthScore in 2020

Have a question?

At RCU, we're known for our reliable service, and we'll answer your questions and calls quickly.

Start building your nest egg early

Invest in your future for long-term growth with tax advantages!*

  • *Consult your tax advisor regarding tax implications.