Individual Retirement Account (IRA)
DTCU's IRA Share Account requires no minimum deposit
and no annual administrative fee. Your funds are insured
separately from your other savings accounts for up to
$250,000 by the NCUA.
Other IRA type accounts available:
ROTH IRA's - An individual retirement account
to which participants are able to make annual non-deductible
contributions. Unlike a traditional IRA in which your
earnings are tax-deferred, Roth IRA earnings can be tax
free.
Coverdell Education Savings Accounts (ESA)
- An ideal way to save for a child, grandchild or
any young person you know, for higher education
expenses down the road.
SEP's (Simplified Employee Plans) - An
employer may make contributions to a traditional IRA of
their eligible employee.
Please call or stop by DTCU for more detailed
information on these accounts. We will be happy to assist
you in finding the IRA that best fits your needs.
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