INDIVIDUAL RETIREMENT ACCOUNT

Roth IRA

• Withdraw earnings tax-free if they remain in IRA for at least 5 years and you are 59 ½ or older

• Contributions can be withdrawn tax-free at anytime

• More attractive to some investors because of more flexible rules on early withdrawals

• Make contributions up to the maximum limit or your earned income, whichever is less

Traditional IRA

• Defer taxes on earnings and tax-deductible contributions until withdrawn


• Contributions may be tax-deductible for the year they are made


• Make contributions up to the maximum limit or your earned income, whichever is less

Coverdell (Educational) IRA

• Save up to $2,000 per child annually with these benefits.

• Withdraw funds and earnings tax and penalty-free if used for qualified education expenses.

• Include expenses such as tuition, fees, books, supplies, equipment, and in some cases room and board, and computers.

• Use for qualified elementary and high school expenses at most public, private and parochial schools.




IRA’s can either be can be opened as share accounts or as CD’s.  To see the CD terms and rates click HERE

IRA

ACCOUNT TYPE OPEN MINIMUM EARN MINIMUM DIVIDEND APY(1)
IRA($51-$5000) $0 $51 .20% .20%
IRA($5001 & up) $0 $5001 .25% .25%

Open Your IRA Account Today!

For Members: Visit one of our locations and bring your photo ID! We'll have your IRA Account set up in no time!

For Non-Members: Join Superior today by opening a Share Savings Account with a minimum deposit of $5! Then we will get your IRA setup and you can start taking advantage of all our member benefits! Visit one of our three locations today and bring your photo ID!

About Superior Credit Union Accounts

Once A Member-Always A Member!

Superior Credit Union is dedicated to providing competitive and flexible products for our members. We are your full-service credit union in Montgomery County PA! We offer products for all financial situations for all stages of life. Whether you’re looking to be rewarded today, or a safe place to grow your money, we have a solution for you!
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