When it comes to saving for retirement, an IRA is one of the most powerful tools at your disposal. At White Eagle, we offer several types of IRAs to meet any need. Let us help you find the right solution for your retirement strategy.
IRA Options
Traditional IRA
- Eligible if under 70 1/2 and meet the adjusted gross income requirements
- Contribute up to $7,500 age 50 or older or ($6,500 if under age 50) per year or 100% of your annual income, whichever is less
- Couples may contribute up to $13,000 ($11,000 if under age 50), if one spouse is working and the couple files jointly
Roth IRA
- Eligible if modified adjusted gross income meets required limits
- Contributions are not tax deductible; however, all earnings are tax-free
- Contribute up to $7,500 age 50 or older or ($6,500 if under age 50) per year or 100% of your annual income, whichever is less
- Couples may contribute up to $13,000 ($11,000 if under age 50), if one spouse is working and the couple files jointly
- No mandatory distributions at age 70 1/2
IRA Certificates
- Minimum $500 opening balance
- Short-term accounts starting at 6 months
- Long-term accounts starting at 12 to 60 months
- Insured to the maximum allowed by NCUA
- Penalties assessed for early withdrawals
- Competitive market interest rates
| Term Share Accounts | Rate | APY* | Term |
|---|---|---|---|
Term Share : 6 Months | 4.55 | 4.65 | 6 months |
Term Share : 1 Year | 4.55 | 4.65 | 12 months |
Term Share : 2 Years | 3.93 | 4.00 | 24 months |
Term Share : 3 Years | 3.69 | 3.75 | 36 months |
Term Share : 4 Years | 3.45 | 3.50 | 48 months |
Term Share : 5 Years | 3.45 | 3.50 | 60 months |
Traditional IRA / Daily IRA IRA Term Share Accounts are offered for the same term, tiers and rates as above. | 0 | 0 | N/A |
*APY=Annual Percentage Yield
Rates subject to change without notice. Rates effective 10/1/2024. Minimum $500 opening balance. Penalties assessed for early withdrawals. Penalties/Fees could reduce earnings. Insured to the maximum allowed by NCUA.
Get a Quick Estimate on Future Interest
with the Savings Calculator from White Eagle Credit Union
Come Home to WECU
Join WECU Today!
Come Home to White Eagle CU today! Membership is open to residents of Butler County and all adjacent counties. Simply visit any White Eagle Credit Union branch with a valid photo ID, proof of address and a $25 deposit to purchase your share, and start enjoying the benefits!
Security Statement
White Eagle Credit Union will not ask for personal information such as online credentials, account numbers, or card numbers via email, voice, or text-messaging.
