Individual Retirement Account (IRA)
DTCU's IRA Share Account requires no minimum deposit and no annual administrative fee. Your funds are insured separately from your other savings accounts for up to $250,000 by the NCUA.
Other IRA type accounts available:
ROTH IRA's - An individual retirement account to which participants are able to make annual non-deductible contributions. Unlike a traditional IRA in which your earnings are tax-deferred, Roth IRA earnings can be tax free.
Coverdell Education Savings Accounts (ESA) - An ideal way to save for a child, grandchild or any young person you know, for higher education expenses down the road.
SEP's (Simplified Employee Plans) - An employer may make contributions to a traditional IRA of their eligible employee.
Please call or stop by DTCU for more detailed information.