PriorityONE Credit Union of Florida

Individual Retirement Accounts (IRAs)

Start planning for your retirement today! Invest in the IRA that’s right for you and start earning tax-deferred interest on your contributions.

 

Types of IRAs available at PriorityONE Credit Union (POCU)

Traditional IRA-   Offers the advantage of tax-deductible contributions now, building earnings until you need them, and deferring taxes on your earnings until they are withdrawn.

Roth IRA- This IRA allows you to pay taxes now and reap the benefits in the future. Within qualifying limits, Roth IRA contributions and earnings may be withdrawn tax-free.

Coverdell Education Savings Account (ESA) - Formerly known as the Education IRA. This IRA is great for saving for your child's education. This account can be used to help pay for your child or grandchild's qualified educational expenses, tax-free.

Choose the POCU IRA that’s right for you and take advantage of our no minimum IRA Share account that allows you to add to your account whenever you choose. You may also invest through an IRA Certificate of Deposit with a minimum of $500.00 with terms ranging from 12 to 60 months. (Please consult your tax advisor before selecting an IRA plan.)

A POCU IRA offers competitive rates and funds are insured up to $250,000 by the National Credit Union Administration, a U.S. Government Agency.

For more information please give us a call at 954-335-5100 Opt. 2.