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IRA

It's never too early to start saving for your long term goals.  Individual Retirement Accounts (IRA's) are a great way to plan for your retirement and a Coverdell ESA can help save for college. With an IRA from One CU, you'll find more advantages and benefits. Benefits include knowing your investments are safe because they are insured by NCUA and having easy access to your accounts. Our trained and knowlegeable staff can answer your questions.

All plans are available as both a savings account or share certificate of deposit. Find the option that's best for you.

Traditional/SEP IRA
A traditional IRA/SEP is a retirement account that offers the flexibility of making tax-deductible contributions.
  • Dividends paid monthly.
  • Earnings grow tax-deferred.
  • No minimum balance on shares. Certificate minimums apply.
  • Penalties may apply for early withdrawal.
Roth IRA
With a Roth IRA your contributions may be withdrawn tax free, but are not tax deductible.
  • Dividends paid monthly.
  • No minimum balance on shares. Certificate minimums apply.
  • Qualified withdrawals are tax free.
  • No mandatory withdrawals.
  • Qualified education expenses are penalty free.
Coverdell ESA
An ESA (Education Savings Account) is an investment tool created for the purpose of paying for the future cost of a child's education.
  • Dividends paid monthly.
  • No minimum balance on shares. Certificate minimums apply.
  • Contributions and subsequent earnings are tax-free when withdrawn to pay for qualified education expenses.
  • Unused funds may be transferred to another child in the family.
For current savings rates, click here.
For current certificate rates, click here.