We offer two Individual Retirement Accounts, which meet different needs. Traditional IRA: You can contribute at any age, but you must have earned income, or, for spousal contributions, be married and file a joint tax return. Your spouse must have earned income of at least what is contributed to the IRA. You’ll pay taxes when you withdraw pre-tax contributions and when you withdraw earnings. Roth IRA: You can contribute at any age, but your income determines how much. You benefit from tax-free growth and tax-free qualified withdrawals. As long as you meet a five-year aging requirement, you won’t pay federal taxes on your earnings. Features & Benefits for Traditional & Roth IRAs No set-up fees Fixed-rate options for 12, 24, 36, 48 or 60 months 18-month variable rate Insured up to $250,000 by the NCUA Convenient deposits through payroll deduction and automatic transfers Plan for retirement with an IRA, today. Our IRA accounts can help you save for retirement at every stage of your life. Visit Retirement Central® IRA Resources See More Resources Which is better for me, a Traditional IRA or a Roth IRA? Use this calculator to compute which type of IRA makes more sense for your personal finances. Traditional IRAs offer tax-deferred earnings and tax-deductible contributions. Roth IRAs offer tax-free earnings, but contributions are not deductible. How much will my Roth IRA be worth at retirement? Use this calculator to compute the amount you can save in a Roth IRA where you pay taxes on your income now, but withdraw the funds tax-free in retirement. How much will my Traditional IRA be worth at retirement? Use this calculator to compute the amount you can save in a tax-deferred Traditional IRA. Contributions to your Traditional IRA are usually tax deductible now, but you pay taxes when you withdraw the funds in retirement.