Planning today to be ready for tomorrow
You deserve peace of mind. We’re here to support your savings plans that create a strong financial future.
By opening or contributing to a traditional individual retirement account (IRA) you can potentially reduce your taxable income while building retirement savings.* We can help you reach your financial goals by offering a wide variety of IRA options that fit your individual needs.
Guaranteed returns with an IRA CD
With a competitive rate on our 60-month IRAs, you can earn guaranteed interest throughout the term, helping save today while you build for retirement tomorrow.
0.20%apy6-month IRA certificateSee all rates
0.30%apy12-month IRA certificateSee all rates
0.30%apy18-month IRA certificateSee all rates
0.35%apy24-month IRA certificateSee all rates
0.45%apy36-month IRA certificateSee all rates
0.50%apy48-month IRA certificateSee all rates
0.75%apy60-month IRA certificateSee all rates
Premier IRA Savings Account
With a Premier IRA Savings account, you can contribute to a traditional IRA, Roth IRA or Coverdell Education Savings account while keeping your investment 100% accessible.1 The more you add to your Premier IRA Savings account the greater the return on your funds.
Earn up to
on balances of $100,000 or more
View rates and fees associated with our Premier IRA Savings »
Investing in your future
Financial wellness is at the core of everything we do.
Together we can help you reach your long-term financial goals. Every OCCU member can work with our talented OCCU Investment Services2 team. Our team will help guide and educate you on the different investment opportunities that fit your financial goals.
A traditional IRA is an individual retirement account that allows you to save for retirement with tax-deferred earnings, so you won’t owe income taxes until you make withdrawals. And, If you’re eligible, contributions can be tax-deductible.* You can invest up to $6,000 a year, or if you’re age 50 or older, up to $7,000 based on eligibility.
A Roth IRA is also an individual retirement account, but there’s a big difference. Contributions to a Roth IRA aren’t tax-deductible. So why choose it? The money you contribute can be withdrawn at any time tax- and penalty-free. If you qualify, you can withdraw the earnings tax-free also. This means if you find yourself in a financial pinch, you can withdraw what you’ve put in (not what you’ve earned) without penalty.
|Age||2020 tax year|
|Age less than 50||$6,000|
|Age 50* or older||$7,000|
*Attains age 50 before the close of the year for which the contribution is made.
See if you are eligible for additional tax savings by exploring the options with our expert team.
“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 B.
Retirement planning resources
Three financial reasons to make an estate plan
Wealth — you can’t take it with you.
Read more of article “Three financial reasons to make an estate plan”»
*Note: The above information is not intended as tax advice. Please consult your tax professional for tax information.
1 The IRA annual percentage yields (APY) and rates are current as of 05/26/2021. There is a minimum balance requirement of $500 to open a traditional or Roth IRA account and earn the APY. Early withdrawal penalties may apply. Fees could reduce earnings. See all rates and fees associated with OCCU certificate accounts here.
2 Securities offered through Securities America, Inc., member FINRA/SIPC. Financial Advice & Investment Advisory Services offered through PFG Advisors, a Registered Investment Advisor (RIA). PFG Advisors, OCCU Investment Services, Oregon Community Credit Union and Securities America, Inc. are separate entities. Securities America and its representatives do not provide tax or legal advice; therefore it is important to coordinate with your tax or legal advisor regarding your specific situation.
CLICK HERE FOR A COPY OF PFG ADVISORS’ RELATIONSHIP SUMMARY (FORM CRS).
CLICK HERE FOR A COPY OF SECURITIES AMERICA, INC’S RELATIONSHIP SUMMARY (FORM CRS).
Free and simple tools are available for research firms and financial professionals at INVESTOR.GOV/CRS, which also provides educational materials about broker-dealers, investment advisors, and investing.
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