Individual Retirement Account (IRA)

Add a deeper shade of gold to your nest egg
Open account
Earn even higher rates through our Loyalty+ member rewards
Use a structured savings plan to secure your future
Tax advantages stretch your dollars further*
Deposits are federally insured for your protection
Keep it rolling

The easiest way to feed your IRA is through automatic transfers or payroll deductions. Contribute up to $7,500—$8,600 annually if you're over age 50.

Individual Retirement Accounts turn your golden years into thousands of special moments

Just launching your career? That's a good time to open an IRA. You'll have decades to build a sizable retirement nest egg. Already well into life's journey? That's also a good time to start because tax benefits and steady dividends can lead to a comfortable lifestyle. It's never too soon—or too late—to get things started. 

  • Open with any amount, but keep at least $50 to earn dividends at our variable rate
  • Make individual deposits or roll over other IRAs
  • Keep the money for yourself—there's no monthly service fee
Traditional IRAs
  • Available as a regular savings account and a Certificate
  • Potential income tax deduction for each year you contribute*
  • All annual interest and dividend income is tax-exempt (consult a tax advisor)
  • You can make penalty-free withdrawals at age 59 ½ (those withdrawals are taxed as income)
  • You're required to make minimum annual withdrawals at age 73


Roth IRAs
  • Available as a regular savings account and a Certificate
  • Funded with post-tax income
  • All annual interest and dividend income is tax-exempt
  • All withdrawals are tax-free once you reach age 59 ½*
  • No required withdrawals at any age (keep making deposits to your IRA as long as you have income)
IRA Certificate
  • Start with as little as $100
  • Keep your money deposited for 12 months to 5 years and earn a higher rate than other IRAs
Good planning today pays off tomorrow
Open account
Open account

Our members and their stories matter most.

Retirement ready
In retirement I keep some cash in CDs as part of my strategy. I also have companion accounts which earn a nice return. The CDs are very easy to establish, review and renew with online app. This really has made my banking life much easier.
Eric
Safe and effective savings
Whether it's setting savings goals, managing accounts, or exploring new financial opportunities, I know I can count on them every step of the way. Standard Credit Union has earned my trust through their consistency and care, and I'm confident that I'll continue banking with them for many years to come.
Andrea
Saving more money
Standard Credit Union has helped me manage my finances while entering the workforce and has helped me save for graduate school!
Maria
Saving without the worry
Standard Credit Union has supported my financial goals of saving without worrying about paying any hidden fees!
Denise
Smart savings strategies
Standard Credit Union has explained the landscape of savings account/stocks/CDs/etc. to me so that I was not lost and could start saving in a wise way.
Duan