IRAs

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Plan ahead with IRAs for retirement

Today, there's more flexibility in Individual Retirement Accounts (IRA). Sacramento Credit Union (SCU) offers a variety of options, from accounts that define your retirement savings plan to accounts you can use for first-time home purchases. We can help you figure out which IRA solution works best.


Start your planning process:


Each IRA option has specific tax advantages, for your California and federal returns, and distribution rules that your tax advisor can explain in detail. For example, a Traditional IRA allows for tax-free growth during working years while a Roth IRA provides tax-free distributions in retirement. It's easy to get started planning for your future.
  • $25 minimum deposit to open a Traditional IRA or Roth IRA
  • $500 minimum balance required on IRA Certificates
  • No annual fees
  • Deposit funds all at once or throughout the year
  • Traditional and Roth IRAs insured up to $250,000 by the National Credit Union Administration (NCUA)