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Individual Retirement Accounts (IRAs)

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:

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.

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:But Less Than:The Interest Rate Paid on the entire balance in your account will be:With an Annual Percentage Yield of:
$100$5,0000.40%0.40%
$5,000$25,0000.45%0.45%
$25,000$50,0000.50%0.50%
$50,000$75,0000.60%0.60%
$75,000$100,0000.70%0.70%
$100,000N/A.95%.95%

Call or visit any branch to begin your retirement savings today!

No annual or maintenance fees.
Your interest rate and annual percentage yield may change. 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 above for the current month.
Interest begins to accrue on the business day you deposit non-cash items (for example, checks).
Interest is compounded daily and credited on the last day of the month. If you close your account before interest is credited, you will not receive the accrued interest.
The minimum balance required to open this account is $100.
We use the Daily Balance Method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.

*A complete list of account fees and disclosures are available on request.

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Federally-Insured by the NCUA. Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government by the National Credit Union Administration, a U. S. Government Agency. Individual Retirement Accounts (IRAs) are insured separately to $250,000 by the NCUA.