IRA Accounts

Individual Retirement

NCUA Insurance

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the US Government.

ira

IRA Accounts

Go into your golden years financially prepared.

Individual Retirement Account (IRA) deposit accounts are a great way to save for the future. P&S Credit Union offers Traditional IRAs to help you save for retirement with tax-deferred growth. Rollovers from other financial institutions are accepted. The minimum to open an IRA account is $5 and unlimited deposits up to the legal limit are allowed. Dividends are paid quarterly on the average daily balance.

The Benefits of a P&S Credit Union Traditional IRA Account:

  • Minimum $5 deposit, no maintenance fee
  • No fee to transfer funds in and out of P&S Credit Union
  • At age 70½, automatically distribute your IRS required minimum distributions
  • Deposit is insured up to $250,000 by NCUA
  • Dividends compounded every quarter
  • Contributions may be tax deductible, helping you to reduce your taxes now

Open a Traditional IRA!
Please email memberservices@pandscu.org, call the credit union at: (801) 973-0575, or visit our office.