Good for you! You've made the commitment to save for your future. Of course, an IRA (Individual Retirement Account) may be the perfect savings vehicle for you. And never before have individuals had so many IRA savings choices.
- Traditional IRA
If you have earned income and are under the age of 70½ this year, you can open your own Traditional IRA. Learn more. - Roth IRA
A Roth IRA gives you the ability to invest your after-tax dollars today, let the investment grow tax-deferred and take qualifying withdrawals tax-free. Learn more. - Coverdell Education Savings Account
Invest for the purpose of paying for the future cost of a child's post-secondary education with an Educational Savings Account. Learn more.
Open or ServiceIf you are already a PSECU member and would like to Open or Service an Existing IRA, you can apply online or contact the PSECU Call Center.
For PSECU Call Center information including telephone numbers and hours of operation, Click Here!
An IRA plan is the umbrella under which your IRA investments are found. You may have a Traditional IRA plan, with an IRA share and many IRA certificates. If the IRA plan does not exist, you must establish the IRA plan before any investments can be made.
When you want to make changes to or service an existing IRA, you have the ability to:
- Direct transfers of IRA funds from one financial institution to another.
- Rollover IRA funds from another IRA or qualified plan
- Withdrawals: One time distributions or automatic distributions
- Conversions: Changing Traditional IRA funds to Roth IRA Funds (This may require opening a new plan)
- Recharacterizations: Changing a contribution (Traditional to Roth or Roth to Traditional
With our Retirement Central, you have access to online information and tools to help put you on the right track for a financially sound retirement. Whatever your age, finances or saving experience, this is the right place for you to be to get started. Learn more.