IRA
Individual Retirement Accounts (IRAs)
A traditional IRA may be fully deductible depending on your filing status and the dividends earned would be tax deferred.
- Roth IRA contributions are non-deductible, but in most cases your earnings are tax free.
- Coverdell Education IRA was designed to help families save for post-high school educational expenses.
The Tax Relief Act of 2001 further increased the limits of contribution for all three types of IRAs.
Contact IAACU for information on our IRA plans.
| Other Investment Rates |  |
| Rates last updated 1/6/2009 8:38:15 AM. They are subject to change without notice. |
| Account Type | Annual Percentage Rate | Annual Percentage Yield |
| IRA/HSA Money Market (1st Quarter 2009) |
| 2.00% | 2.02% | |
| Share Savings (12-31-08) |
| .65% | .65% | |
| Christmas/Vacation Clubs (12-31-08) |
| .65% | .65% | |
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| Certificates | |
| Rates last updated 1/6/2009 8:37:07 AM. They are subject to change without notice. |
| Term | Minimum Balance | Annual Percentage Rate | Annual Percentage Yield |
| 3 | $1,000* | 2.13% | 2.15% |
| 6 | $1,000* | 2.71% | 2.75% |
| 12 | $1,000* | 2.96% | 3.00% |
| 18 | $1,000* | 2.96% | 3.00% |
| 24 | $1,000* | 3.20% | 3.25% |
| 30 | $1,000* | 3.20% | 3.25% |
| 36 | $1,000* | 3.25% | 3.30% |
| 45 | $1,000* | 3.25% | 3.30% |
| 48 | $1,000* | 3.59% | 3.65% |
| 60 | $1,000* | 3.78% | 3.85% |
| Youth ** | $500 | | |
| Jumbo *** | $100,000 | | |
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