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IRA Basics

Whether you are fifty-something looking forward to retirement or a new member to the workforce, you can benefit greatly from and Individual Retirement Account (IRA). An individual nearing retirement age may want to save a larger portion of their retirement savings in a low-risk, NCUA insurance backed Traditional IRA while someone else may want the future tax benefits of a Roth IRA. To learn more about the different types of IRAs click here.

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Regardless of your situation you can start improving your outlook on retirement with the correct IRA and savings plan. A payroll deduction into an IRA makes saving painless and easy and the peace of mind of knowing that you are moving in the right direction is priceless.

If you already have an IRA with ITT Employees' Federal Credit Union, contact us and we can help you with any questions you may have. Whether you want an automatic transfer into your IRA or you would like to know how to consolidate your retirement accounts into an IRA, we can help.

If you don't have an IRA with ITT Employees' Federal Credit Union, what are you waiting for? Contact us today to determine which IRA would work best for you!