Skip to content

Rates

Make your retirement years some of your best years. It’s never too early or too late to save.

Key Features

  • Tax Advantages*
  • Competitive Dividends
  • No Setup or Maintenance Fees

Are you currently a member of Fort Community Credit Union?

If you're not a member yet, please click "No" and open a Regular Savings account first.

  • Competitive dividends above standard savings rates
  • Traditional and Roth IRA options
  • No setup fees
  • No monthly or annual maintenance fees
  • Annual contribution limits apply (see current contribution limits; $5,500 as of 2018)
  • Additional $1,000 "catch-up" contribution allowed for ages 50+
  • $250 minimum deposit to open for IRA CD of 12 to 60 months
  • $500 minimum deposit to open for IRA CD of 91 days or 182 days
  • $5 minimum deposit to open for IRA passbook

Traditional IRA

  • Tax-deferred earnings
  • Contributions may be tax deductible
  • Best option when rolling over your pension or 401k

Roth IRA

  • Contributions are not tax deductible
  • Tax-free earnings
  • Tax-free qualified withdrawals
  • More flexible access to funds than Traditional IRA

Higher education can come with a pretty hefty price tag. A Coverdell Education Savings Account (ESA) is designed to help lighten the load.

Dividends earned are tax-free — and any withdrawals you make to pay for qualifying education expenses are also tax-free.* You can contribute up to $2,000 a year per child until he or she is 18. 

  • Set aside funds for your child's education
  • Dividends grow tax-free*
  • Withdrawals are tax-free and penalty-free when used for qualifying education expenses*
  • Designated beneficiary must be under 18 when contributions are made
  • To contribute to an ESA, certain income limits apply*
  • Contributions are not tax deductible
  • Contributions are allowed regardless of traditional or Roth IRA participation
  • $2,000 maximum annual contribution per child
  • The money must be withdrawn by the time he or she turns 30
  • The ESA may be transferred without penalty to another member of the family

Are you currently a member of Fort Community Credit Union?

If you're not a member yet, please click "No" and open a Regular Savings account first.

Some restrictions apply. See Account Terms Disclosure and Fee List for full account details.

*Please remember that although we may be able to help you with plan options, we are not licensed tax advisors. You may wish to consult with a tax advisor for advice.