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IRA  

Accounts

Need a safe place to store that retirement nest egg? At BDCU we offer Individual Retirement Accounts (IRA) for building and saving for retirement.

BDCU IRA accounts include:

Great rates
Monthly/Quarterly Statements

Account Details

It’s never too early to be thinking about retirement. Let us help you reach your goals.
 

Traditional IRA

Roth IRA 

Educational IRA 

ASI Insurance

Up to $500,000

Up to $500,000

Up to $500,000 

Eligible Age

N / A

N / A

N / A

Annual Contributions

Not Required

Not Required

Not Required

Maximum Annual Contributions

$7,000
$8,000 for those 50+
 

$7,000
$8,000 for those 50+
 

$2,000 

Spousal Contributions

Accepted

Accepted

N / A

Contribution Due

April 15th of the next calendar year

April 15th of the next calendar year 

April 15th of the next calendar year 

Tax Consequences

Tax-deferred earning. Contributions may be tax deductible.

Tax-deferred earning. Contributions may be tax deductible.

Tax-deferred earning. Contributions may be tax deductible.

Distributions

Must begin by April 1st following the year you reach age 73

 N/A

By Age 30 

Additional Information:

For complete terms governing accounts, please consult the Membership Agreement booklet, Fee Schedule, and Rate Sheet.