Want to learn more?
We'd love to walk you through the steps of contributing to an IRA and talk about what type of account makes most sense for you. To reach the OCCU IRA department, just send us a message or give us a call at 800.365.1111 and ask to speak to our IRA department.
“They’ve been so helpful over the years with figuring out...complicated banking things like inherited IRAs which nobody knows about because they’re so complicated and they’re kind of new.”Martha Bayless
|Less than 50||$5,500||$5,500|
|50* or older||$6,500||$6,500|
*Attains age 50 before the close of the year for which the contribution is made.
Multiply your money – reap the benefits of a Roth IRA
Roth IRAs allow you to save for retirement and reap the benefits of compounding interest while keeping the money you invest available for big expenses.
Understanding your retirement income replacement ratio
Although the term “retirement income replacement ratio” sounds formidable, it’s actually a simple, understandable concept that doesn’t require any fancy math.
*Note: The above information is not intended as tax advice. Please consult your tax professional for tax information.