IRA & Retirement


Investing in an Individual Retirement Account (IRA) provides flexibility for your changing financial needs. If you haven't explored the advantage of planning early for your retirement or your child's education, it's time to take a look. Funds in all Idaho Central accounts are federally insured up to $250,000, and we pay great rates.

 Best for you if you want... Accounts availableFeaturesYearly limits
Roth IRA Tax-free withdrawals.* IRA Share Savings, IRA Money Market Savings, IRA CD Qualified distributions are tax-free*, contributions allowed at any age. $5,500 up to the age of 50, $6,500 for age 50 or older.
Traditional IRA Tax-deferred earnings and the possibility for tax-deductible* contributions. IRA Share Savings, IRA Money Market Savings, IRA CD Earnings accumulate tax-deferred, contributions are tax-deductible* if qualified. $5,500 up to the age of 50, $6,500 for age 50 or older. Age limit 70 1/2.
Coverdell Education Savings Account (ESA) To give your child the gift of education. IRA Share Savings, IRA Money Market Savings, IRA CD Earnings grow on tax-deferred basis, distributions are tax-free* if qualified. Contributions each year cannot exceed $2,000 per child.



To learn more about IRAs, click on a brochure below:
Exploring Your IRA Options
Growing Your Savings
IRA Rollovers

IRA Calculators
Retirement Shortfall
Roth vs. Traditional IRA

To open an IRA, call or come in today!

Apply for membership online now!


*Consult your tax advisor.