Now is the Perfect Time to Plan for Your Future!
It’s never too early to start saving for your retirement. Alliance Credit Union offers a tax-advantaged Traditional IRA, Roth IRA, and Education Savings plan. The sooner you start contributing and the longer you let your money grow, the more you benefit.
Alliance Credit Union IRAs are one of the safest ways to plan for your retirement.
They are NCUA insured and pay very competitive interest rates.
Plus, there are no annual fees or maintenance fees.
Click HERE to contact us with any questions regarding our retirement accounts today!
Alliance’s IRA Reference Guides
Traditional IRA Disclosure
Roth IRA Disclosure
IRA Withholding Notice
Payments from your IRA are subject to federal income tax withholding, unless you elect no withholding. You may change your withholding election at any time prior to your receipt of a payment. To change your withholding election, complete the appropriate form provided by your credit union.
Withholding from IRA payments, when combined with other withholding, MAY relieve you from payment of estimated income taxes. However, your withholding election does not affect the amount of income tax you pay. You may incur penalties under the estimated tax rules if your withholding and estimated tax payments are insufficient.
Individual Retirement Accounts (IRAs) are insured separately to $250,000 by the NCUA.
Online IRA Brochures
IRAs are one of the most valuable savings tools available today. More people than ever before are able to contribute to IRAs and benefit from the great tax advantages. So regardless of what stage of life you’re in, an IRA at Alliance Credit Union is a solid investment.
Review our online brochures to learn more about IRAs!
ADVISORS CHOICE IRA ACCOUNT
The minimum balance required to open this account is $100. At our discretion, we may change the interest rate on your account on any day; however, your interest rate will not be lower than the interest rates below for the current month.
| If Average Daily Balance for the Month is: | The Interest Rate Paid on the entire balance in your account will be: | With an Annual Percentage Yield of: |
|---|---|---|
| $100 – $5,000 | 0.25% | 0.25% |
| $5,000 – $25,000 | 0.35% | 0.35% |
| $25,000 – $50,000 | 0.45% | 0.45% |
| $50,000 – $75,000 | 0.55% | 0.55% |
| $75,000 – $100,000 | 0.65% | 0.65% |
| $100,000+ | 0.75% | 0.75% |
