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 ACT NOW: A tax on credit unions is a tax on you —

Let your elected officials know you support CEFCU and other credit unions and oppose changes to their Federal Tax Status!

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Individual Retirement Account

Your retirement.
Your goals.
Your IRA.

Perks of the CEFCU IRA

  • No maintenance or set up fees
  • Online account management
  • Personalized and local service
  • IRA Certificates available for better growth!

Each journey to retirement is unique & we’d love to be a part of yours.

Request an IRA

Check the rates

Interested in transferring or rolling over an IRA to CEFCU?

Make an appointment
Give us a call, 1.800.542.3328, ext. 33409

 

There is a $7,000 maximum annual contribution limit, combined, between Roth and Traditional IRAs. If you’re over 50, ask your tax advisor about catch-up contributions. Footnote 5

 

Contribution Limits

 

Contribution Deadline: You have until the tax-filing deadline (generally April 15) of the following year to make allowable contributions.

Manage your IRA and IRA Certificate on the go with CEFCU On-Line® & Mobile Banking:

  • Make contributions
  • View previous and current year-to-date contribution amount
  • Set up future maturity instructions
    • Select new terms
    • Partial & full withdrawal from IRC to IRA Daily account
  • View beneficiaries

Features & Benefits

Online Banking

Check balances, transfer money, and more 24/7.

Mobile App

Access your accounts with your smartphone or tablet.

eStatements

Go green and enjoy convenient, secure statement access.

Direct Deposit

Save time and enjoy faster access to your money.

CEFCU IRAs are Federally Insured up to $250,000 by the National Credit Union Administration (NCUA). This is in addition to the federal insurance on your other CEFCU accounts.

  1. The deduction available to active participants in employer-sponsored retirement plans is phased out on a sliding scale for individual taxpayers with modified adjusted gross income between $79,000-$89,000, and for joint filers with modified adjusted gross income between $126,000-$146,000 for 2025. Ask your tax advisor for more information.
  2. The contribution eligibility for Roth IRAs is phased out on a sliding scale for individual taxpayers with modified adjusted gross income between $150,000-$165,000, and joint filers with modified adjusted gross income between $236,000-$246,000 for 2025.
  3. May be subject to a CEFCU withdrawal penalty based on the terms of the IRA.
  4. You must take your first required minimum distribution for the year in which you turn age 73. However, the first payment can be delayed until April 1 of the year following the year in which you turn 73. For all subsequent years, including the year in which you were paid the first RMD by April 1, you must take the RMD by December 31 of the year.
  5. IRA holders who will be age 50 can make an additional catch-up contribution for the tax year in which they attain age 50 and any year thereafter. The maximum contribution a person age 50 or older may make for the 2025 tax year is $8,000.
  6. IRA contributions are an aggregate total of Traditional and Roth IRA contributions.