It is never too early to start planning for your retirement. The LOCAL FCU can help you save for retirement with a Traditional or Roth IRA. There is no minimum deposit and both IRA plans are available as savings accounts or share certificates (CDs). Dividends are compounded and paid quarterly based on a minimum average daily balance of $250 as shown in the Truth-In-Savings Disclosure. Both IRA plans have unique characteristics which can be reviewed below to choose the one that best suites your needs:
