Look to the Future Today
It’s best to plan now for a financially secure future. The earlier you start saving by opening an Individual Retirement Account (IRA), the faster you will reach your investment goals.
At Spirit Financial, we offer three options, Traditional IRA, Roth IRAs, and Coverdell Education Savings Accounts. Coverdell Education Savings Accounts are not retirement savings, but rather tax deferred and federal tax-free savings to help cover the cost of education expenses. Each type of IRA is available as an IRA certificate or a fixed rate investment IRA. IRA deposits are insured separately from your other savings accounts up to $500,000.
Read our blog to get an idea of how much you should have saved for retirement.
IRA Account Benefits
IRA funds accumulate tax deferred*
Savings insured up to $500,000 (a combination of the NCUA and ESI)
Multiple IRA investment options
IRA Rates
Effective Date (11/09/2020). Rates Subject to Change.
| Balance Tier | Rate | APY** |
|---|---|---|
| $5.00 - $49,999.99 | ||
| $50,000 + |
HAVE QUESTIONS About Spirit financial ira accounts? Text or call A MEMBER SERVICE REPRESENTATIVE AT (267)-580-0230 OR EMAIL memberservice@spiritfinancialcu.org.
*Consult your tax advisor
**APY=Annual percentage yield. All rates are subject to change without notice.