Overview

Financial planners estimate you'll need 70-80% of your current income in order to maintain a comfortable retirement. An Individual Retirement Account (IRA) Certificate is a low risk option that can provide you peace of mind and the additional savings you'll need.

All Orange County's Credit Union IRA accounts offer no set-up, maintenance, annual, or distribution fee. 

 

Features

  • Choose a term* from 6 months to 5 years
  • Open with a minimum of $1,000
  • Dividends are compounded daily and paid monthly
  • Automatic reinvestment**
  • NCUA insures up to the maximum amount currently $250,000. Coverage includes all IRAs held at the same institution.
  • Ability to select both deposit and investment products for your retirement assets

 

Benefits

 

Choose An IRA

Do you have enough money set aside to be financially secure in your retirement years?

Bring your retirement savings goals to us and we'll work with you to identify the best savings plan for you. Whether it's an IRA savings or IRA Term Share Certificates we can help. View our current rate sheet add link.

Additional IRA investment vehicles are available through our licensed Financial Consultants.

We're always working to help you reach your financial goals and planning for retirement will typically be your most significant long-term goal. Annual contributions1 to an Individual Retirement Account (IRA) are one of the best ways to help keep your retirement assets working as hard as possible to prepare you for a rewarding retirement.

An Orange County's Credit Union IRA allows you to maintain your IRA contributions in an NCUA-insured IRA savings, IRA Money Market Account (IMMA), and/or an IRA Certificate of Deposit (CD). You may also choose to invest your contributions in stocks, bonds, mutual funds and more in a non-NCUA insured Investment Services retirement account.2

 
Other features of an Orange County's Credit Union IRA include:
  • Account can be opened in any Orange County's Credit Union branch.
  • Get your Orange County's Credit Union IRA with no annual fee.
  • Ability to select both deposit and investment products for your retirement assets.
  • NCUA insures up to the maximum amount currently $250,000. Coverage includes all IRAs held at the same institution.
  • Make contributions simply by scheduling them to occur automatically from your checking or savings account.
  • For more information, contact a Financial Consultant.

*Early withdrawal/account closure subject to penalty

**At maturity, account automatically renews for the same term as the previous term, at the rate in effect on the maturity date. Special Term Certificates renew at the nearest lower standard term. At maturity and during the grace period, you may change the term or balance of your account or make withdrawals without a penalty. The grace period begins at maturity and ends seven calendar days later.

***Message and data rates may apply.

1 The IRS limits the amount you can contribute to your retirement account each year. Consult with your tax advisor for more information.

2 Investment accounts may be suitable for investors who are willing to take on additional risk, assume the responsibility of closely monitoring their account and the paying of fees and charges that may apply to an investment account.

The content available on this site is provided for information purposes only, is not intended as an offer or solicitation for the purchase or sale of any financial instruments and should not be relied upon as an investment recommendation. For information regarding specific tax qualifications, please consult a tax advisor. Unless certain criteria are met, restrictions, IRS penalties, and income taxes may apply on withdrawals taken from retirement accounts prior to age 59 ½.

Securities, Insurance Products, and Investment Advisory Services offered through LPL Financial and its affiliates, member FINRA/SIPC and Registered Investment Advisor. Orange County Credit Union: not registered broker/dealer nor are they affiliated with LPL Financial.

This site is designed for U.S. residents only. The services offered within this site are available exclusively through U.S. Representatives. LPL Financial's U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.

For information regarding specific tax qualifications, please consult a tax advisor. Unless certain criteria are met, restrictions, IRS penalties, and income taxes may apply on withdrawals taken from retirement accounts prior to age 59 ½.