Traditional, ROTH & Educational IRAs are available in certificate or accumulative terms
Certificate IRAs
- Fixed terms from 6 to 60 month
- Fixed dividend rates
- $500 minimum balance & opening deposit
- $500 balance earns dividends
- Early withdrawal fee
Accumulative IRAs
- No fixed term
- Adjustable dividend rates
- $25 minimum balance and opening deposit
- $100 balance earns dividends
Additional Resources
**IRA types have different purposes, tax & contribution guidelines and are insured by NCUA.