IRA Options Tailored for Every Individual!

Even the longest journey begins with a single step! The earlier you start your IRA, the more "golden" your retirement will be. California Coast Credit union can help you get on the path to financial security, with Individual Retirement Accounts offering high, tax-deferred dividends and flexible terms.

Your IRA funds are federally insured separately from your other California Coast accounts for up to $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government.

Traditional IRA Certificates

Get the most out of your retirement dollars by opening a Traditional IRA Certificate Account.

• Flexible terms of three, six, nine and eighteen months, as well as one, two, three, four and five years. All at competitive rates.
• Dividends are tax-deferred, until they are withdrawn, which may decrease taxable income and save you money.**
• In most cases, additional deposits may be made for terms of 18 months or less. Contributions may also be tax deductible.**
• A minimum deposit of $2,000 is required to open and maintain your IRA Certificate.

California Coast Credit Union also offers the Roth IRA. With a Roth Individual Retirement Account, you may be eligible to make non-deductible contributions up to $5,000* provided you have earned income, yearly after age 70 1/2 with no distribution requirements.

• Flexible terms of three, six, nine and eighteen months, as well as one, two, three, four and five years. All at competitive rates.
• In most cases, additional deposits may be made for terms of 18 months or less.
• A minimum deposit of $2,000 is required to open and maintain your IRA Certificate.

• You are at least 59 1/2
• You become disabled
• You are a first-time homebuyer

You may open a non-deductible Roth IRA even if you are currently enrolled in a retirement plan with your employer. Plus, enjoy the same flexible terms and competitive rates as our Traditional IRAs.

It's best to consult your tax advisor to determine the best IRA investment options for your specific retirement needs.

*$5,000 per year is the maximum dollar amount that may be contributed to a Traditional or Roth IRA. Members over 50 may make annual "catch up" contributions.

IRA Savings

Start small, but think big! Our IRA Savings Account makes it easy to get the IRA ball rolling. You can open this IRA with $25 or more.

• Additional deposits may be made at any time to add to your principal and earn greater dividends.** We recommend regularly scheduled deposits through payroll deduction or automatic transfer.
• Competitive, compounding dividends make your money work smarter and grow faster.
• California Coast imposes no penalties for early withdrawal, which gives you flexibility and control of your funds. A minimum deposit of $25 is required to open and maintain your account.

Call us at (877) 495-1600,  or E-mail us for additional information about our IRA accounts. If you prefer, please stop by any one of our convenient office locations.

**Consult your tax advisor regarding guidelines for tax deductibility.