Traditional IRA

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Would you like to save on your taxes NOW?

Jump-start your retirement savings. For a limited time only earn .25% higher than regular scheduled certificate rates on all IRA Certificates. Open an IRA today and start growing your nest egg. Our IRA experts at STAR Community Credit Union are happy to answer your questions.

The Benefits of a Traditional IRA

Grow Your Nest Egg 

Earnings and deductible contributions grow tax-deferred until withdrawn, which can begin as early as 59 ½ but must begin at 70 ½

First Home Purchase 

You can withdraw up to $10,000 penalty free towards the purchase of your first home.

Pay for College 

Pay for qualified educational expenses, penalty free. There is no dollar limit and funds can be used for tuition, fees, books, and supplies at a post-secondary institution.

Assist with Medical Expenses 

Pay for certain medical expenses with your IRA without paying a 10% early distribution tax.

Not intended to provide tax advice. Contact a tax professional.