Not saving for retirement yet? Not a problem. An IRA is a popular and effective way to save for retirement. Sign up and rest easy knowing you'll have plenty of funds to enjoy your golden years. At Acadia, we offer several different IRA options so you can choose the one that's right for you.
| Individual Retirement Account (IRA) Type | Dividend Rate | APY* |
|---|---|---|
| Traditional IRA | 0.40% | 0.40% |
| Roth IRA | 0.40% | 0.40% |
| Coverdell Educational Savings Account | 0.40% | 0.40% |
| Simplified Employee Pension (SEP) | 0.40% | 0.40% |
*APY = Annual Percentage Yield. All rates are subject to change without notice.
† When qualification requirements are met
We offer the following options for IRAs:
– IRA Club Account
– IRA Certificates of Deposit
– Traditional IRA (federally insured by the NCUA up to $250,000). You may be able to use this retirement option for a tax deduction. You can pay taxes on the amount taken at the time of withdrawal or when you file your taxes.
– Roth IRA (federally insured by the NCUA up to $250,000). In this retirement option, taxes are taken from compensation immediately.
Other important information about our IRAs:
1. We have six-month, one-year, 18-month, three-year, four-year, and five-year terms available.
2. A penalty may be imposed for early withdrawal from our IRA accounts.
3. The IRA contribution limits change each year. Please refer to the IRS website to see current contribution limits.
You can find all of Acadia’s important disclosures and various account applications right here.
Yes, you can. You don’t have to put in a request and wait days to have your funds.
We do not. Your funds stay right here with us.
Yes, you can. However, there could be a penalty if you withdraw funds before the certificate matures.
I have always been treated as part of the Acadia family. The staff are all so welcoming and pleasant, not just to me, but to all who go in. I've had savings, checking, and loan accounts with them and I have never had problems. I highly recommend Acadia FCU! France D., member since 1980
