You can't depend of Social Security and pensions to bankroll your future. That's why you need to build your personal savings with a WV Central Credit Union IRA.
IRAs are tax-deferred savings accounts with deposit and withdrawal limitations. Payroll deduction is used to build on your account. Direct transfer and rollovers from other qualified plans are accepted. Dividends are compounded and credit on the 30-day accounts monthly.
IRA Certificate accounts with a minimum deposit of $1,000.00 are also offered with terms of 6, 9, 12, 15, 18, 21, 24, or 36 months. Check with the Credit Union for potential special terms
and rates.
The Taxpayer Relief Act of 1997 created a variety of new IRA options. Not only did it change rules for the traditional IRA, but it also introduced the Roth and the Education IRAs.
To help you understand the basic differences among these IRAs, here's an overview for each
type of account:
Click here for more information.
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