Individual Retirement Accounts (IRAs)

Couple applying for individual retirement account at credit union

Individual Retirement Accounts 

A popular long-term savings tool, IRAs let you grow your money tax-free until you withdraw it as retirement income. We offer:  

  • Traditional IRAs, which earn tax-free until withdrawn as retirement income.  
  • Roth IRAs, funded with after-tax dollars then grow tax-free.  
  • Rollover IRAs*, typically funded by an employer-sponsored retirement account. 
  • SEP and SIMPLE IRAs for businesses of any size looking after their employees’ future. 
Individual retirement account certificate charts

IRA certificate

Already have an Individual Retirement Account with SELCO? If you don't plan on making a large withdrawal in the immediate future, adding an IRA certificate is a great way to make your retirement savings earn you more.  

Happy retired couple

Invest in your IRA*

With an IRA, you can also grow your retirement savings through investment options, including stocks, mutual funds, and annuities. SELCO’s Investment & Retirement Services’ CFS Investment Advisors** are ready to answer your questions and offer suggestions based on your short- and long-term goals. 


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*Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA an investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgments, required minimum distributions, and possession of employer stock.  

** Nondeposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor.