elderly couples taking selfie

Individual Retirement Accounts (IRAs)

Invest in your retirement with these reliable options.

Contact us today to open your account.

Questions? We can help.

Connexus IRA Accounts

Choose the retirement account that works for your unique timeline and goals.

IRA Share Certificates

These Certificates offer a fixed yield and term with a fixed maturity.

 Call 800.845.5025

Bump-Up IRA Share Certificate

The Bump-Up IRA Share Certificate yields offer the option to bump the rate once during the term.

Certificate – Bump-up Rates
TermAPY‍5
24 months4.06%
Accurate as of 11/23/2024
 Call 800.845.5025

IRA Savings Accounts

These accounts have variable interest and no fixed term. Plus, there’s no minimum opening deposit required.

IRA Savings Account Rates – New
BalanceAPY‍1
$10,000 and over0.40%
$0 to $9,999.990.25%
Accurate as of 11/23/2024
 Call 800.845.5025

Features

Versatile options

Traditional and Roth IRAs are available.

Fast growth

Your dividends are compounded quarterly.

Reliable protection

Your money is federally insured by the National Credit Union Administration (NCUA) to at least $250,000. Learn more at MyCreditUnion.gov.

Traditional vs Roth

Traditional IRAs

These are potentially tax-deferred retirement plans. Your qualified contributions may be tax-deductible and can be made at any age, as long as you have earned income. Taxes are paid on your funds at the time of withdrawal.

Annual contribution limits for Traditional IRAs

IRA Contribution Limits
Age20222023
Under 50$6,000$6,500
50 and Over$7,000$7,500

Roth IRAs

Roth IRA contributions are made with after-tax dollars. Funds are tax-free when withdrawn unless you are taxed for early withdrawal penalties before age 59 ½. As long as you have earned income, contributions can be made at any age.

Annual contribution limits for Roth IRAs

IRA Contribution Limits
Age20222023
Under 50$6,000$6,500
50 and Over$7,000$7,500

FAQs: You asked. We answered.

Individual Retirement Account

Can I contribute to both a Traditional and a Roth IRA?
Yes, as long as you do not exceed the contribution limits set by the IRS. See a tax professional for more details of visit IRS.gov for IRA limits.
What is the maximum I can contribute to my Roth IRA?
Your annual Roth IRA contributions cannot exceed your annual compensation or the limits set by the IRS, whichever is less. See a tax professional for more details or visit IRS.gov for IRS limits.
Can I still contribute to my Traditional IRA if I make too much money for an IRA tax deduction?
Yes. There are no income limits to make contributions to a Traditional IRA. However, it is possible to be affected by filing status and participation in an employer retirement plan. Contributions must not exceed IRS limits. For more details or visit IRS.gov.
I don’t know which IRA is right for me. How can I figure that out?
To determine which IRA is best for you, please consult your tax professional.
How do I open a Traditional or Roth IRA?

To apply for a Traditional or Roth IRA, please call our Member Contact Center at 800.845.5025, and we’ll help you get started.