Individual Retirement Accounts
 

Do more for your future—starting today

More choices. More freedom. More leisure time. More fun. That's pretty much what we all want for the future. First Atlantic is here to help you get there, by putting the full power of tax-deferred saving to work for you.

Two Smart Choices For Your IRA Contribution

Once you decide which IRA plan is right for you, you may choose to save your money in an IRA Club Account or set up an IRA Certificate:

1. High Rate IRA Certificates

• High fixed rate for a term of 1 to 60 months with a NEW IRA Certificate
  Federally insured for up to $250,000 by the National Credit Union Association (NCUA)

Traditional IRA

• Save for retirement with immediate tax benefits
• Contributions are tax deductible if within IRS guidelines. Consult your tax advisor. 
• Earnings grow tax deferred until withdrawal

Roth IRA

• Save for retirement using after tax dollars
• No taxes are paid on the interest, dividends or gains—ever
• Earnings can be withdrawn tax-free when certain conditions are met
• Your principal amount is never subject to taxes or penalties when you stay within the contribution guidelines

Coverdell (Education) IRA

• Save for your child or grandchild's higher education costs before they turn 18
• Your contributions and their earnings are tax-free when withdrawn to pay for qualified higher education expenses
• Funds can be transferred to one child's account to an account for another child in the family.

2. IRA Club Account

• No minimum deposit requirement
• Ability to make additional deposits whenever you like
• Competitive variable interest rate
• Federally insured for up to $250,000 by the National Credit Union Association (NCUA)

Apply for your IRA:

• Online, right now
• In person at any First Atlantic Service Center

Compare your Savings options.

Give our Retirement Calculator a try!