IRAs

Smart ways to save for retirement

Looking to build a nice nest egg for your retirement years with an Individual Retirement Account (IRA)? Depending on your financial circumstances, a Traditional IRA or a Roth IRA may be the perfect way for you to invest in your future retirement. You may also be able to enjoy tax benefits from your contributions to a Traditional IRA. Below, you can learn more about IRAs and different accounts.

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.

 

Contact 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

2018/2019
Contribution limits

Open an IRA with OCCU prior to tax day any year to take advantage of tax benefits for the prior tax year. You can contribute up to $6,500 for the 2018 tax year through April 15, 2019, if eligible. And, new for 2019, contribution limits have increased and you may be eligible to contribute up to $7,000!

Age 2018 tax year 2019 tax year
Less than 50 $5,500 $6,000
50 or older* $6,500 $7,000

 

*Attains age 50 before the close of the year for which the contribution is made.

 

 

 

View all rates and fees associated with IRAs»

 

 

Retirement planning resources

Black man using cell phone

Accelerate your savings with a CD

There are things you do because you’ll be glad you did later—like brushi

Three reasons to make an estate plan

Three financial reasons to make an estate plan

Wealth—you can’t take it with you.

Have questions?

Want to learn more about our IRAs? Let's connect!

*Note: The above information is not intended as tax advice. Please consult your tax professional for tax information.