IRA Accounts

Compare IRAs offered by MEMBERS1st! No matter which type of IRA you select, you’ll reduce your taxes and keep more of your money. We’re always here to help if you would like guidance when choosing the right IRA for your situation.

Traditional IRA

Earnings grow tax-deferred with this retirement account.

  • No minimum to open
  • Contributions may be tax deductible
  • Earnings taxed when withdrawn
  • Penalty-free withdrawals for
    first-time home purchase and some college expenses 
  • No withdrawal penalty or restriction after age 59½ 
  • Annual contributions cannot exceed:
    $5,500 (under age 50)
    $6,500 (age 50 or older)
  • Print a Traditional IRA Information Sheet

Call to open a Traditional IRA!

Roth IRA

Pay taxes now and future withdrawals are tax-free.

  • No minimum to open
  • Contributions grow tax-free
  • An ideal savings option for those who expect to be in a higher tax bracket in the future
  • No mandatory withdrawals
  • No withdrawal penalty or taxation
    after age 59½
  • Annual contributions cannot exceed:
    $5,500 (age 50 and under)
    $6,500 (age 50 or older)
  • Print a Roth IRA Information Sheet

Call to open a Roth IRA today!