Individual Retirement Savings Accounts
Set aside money for your golden years and enjoy advantages specific to the Individual Retirement Account you select. With a Traditional IRA, you receive tax-deferred earnings until they are withdrawn, plus potential tax deductions. Roth IRA contribution amounts are not tax-deductible, but your earnings are tax-free.
Saving for retirement is easy with Nusenda Credit Union, and you can feel good about being a member of an organization that cares about your financial future and your community.
To find out if an Individual Retirement Account or a Roth IRA is right for your retirement saving needs, call us at 505-889-7755 (800-347-2838 outside the Albuquerque area) or make an appointment at a branch near you.
Individual Retirement Accounts (IRA)
Enjoy tax advantages with our Traditional Individual Retirement Accounts (IRAs). With a Traditional IRA, you receive tax-deferred earnings until they are withdrawn, plus potential tax deductions. When you can get started with as little as $5 for an IRA Savings account or $500 for an IRA Certificate and contribute automatically from your payroll, there’s no reason you can’t start saving for a comfortable retirement today. If you’re age 50 or over, you can make additional $1,000 catch-up contributions.
Open a new account or roll over your existing IRA to Nusenda Credit Union and you’ll also enjoy a refreshing banking experience as a member of an organization that invests in your community.
Roth IRA Accounts
Roth IRA accounts help you prepare for a healthy financial future in your retirement years. Roth IRA contribution amounts are not tax-deductible, but your earnings are tax-free! With the option to set up convenient, automatic payroll deductions directly to your Roth IRA, saving for retirement is easy. Open your Roth IRA Savings account at Nusenda Credit Union for just $5, or your Roth IRA Certificate for as little as $500, and you can add your spouse too, even if they’re not earning income.