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IRAs

How do you plan to spend your retirement? Spending lots of time spoiling your grandkids? Maybe you want to buy an RV and travel around the country? No matter how you plan to spend it, you'll need funds to make it a reality. That's why Section 705 FCU makes saving up for retirement a breeze with IRAs.

An Individual Retirement Account, or IRA, is a personal savings plan that allows you to set aside money for retirement, while offering you tax advantages.  In order to contribute to a traditional IRA, you must be under age 70½ at the end of the tax year and have taxable compensation, such as wages, salaries, commissions, tips, bonuses, or net income from self-employment.