IRA

Overview

Set Up an IRA Account – It’s Never Too Soon to Start!

Wouldn't it be smart to have the financial security you deserve when you reach retirement?

Owning an IRA is one of the best money decisions you can make. Be prepared for your golden years with tax-exempt or tax-deferred retirement savings through an Individual Retirement Account (IRA) from TDECU. It’s the smart choice!

Our Traditional and Roth IRAs each offer distinct advantages. Both allow your money to grow much faster than a regular savings account.

TDECU offers IRA savings, IRA Money Markets, and IRA CD accounts to meet your needs. Select the Features/Options tab for more detailed information.

Calculators
 

Features/Options

Our Traditional and Roth IRAs allow your money to grow much faster than a regular savings account.

To provide even greater flexibility, TDECU offers IRA Savings, IRA Money Markets, and IRA CDs to fund your Traditional or Roth IRA. Which account is right for you?

 Traditional IRARoth IRA

Contributions

*Often 100% deductible *Not deductible

Earning

*Tax-deferred *Tax-free

Distributions

*Taxable, but penalty-free under certain circumstances; required beginning at age 70 1/2 *Tax-free at any time five years after first contribution, and under certain circumstances

 

Savings AccountMoney MarketCD Account
*Dividends compounded and paid monthly *Dividends compounded and paid monthly *Dividends compounded and paid monthly
*Additional deposits at your convenience *Additional deposits at your convenience *Additional deposits at maturity only
*No minimum balance *$2,500 minimum balance *$1,000 minimum balance
*No maturity date *No maturity date *Terms from 3 to 60 months

Rates & Fees

Terms & Conditions
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