Because you deserve to live happily ever after
In life, you write your own story. When you retire, the next chapter could be an action-adventure where you leave Texas and travel the world. Or a romance featuring the person who has long been the love of your life. At Beacon Federal Credit Union, our IRAs help you save more money and receive tax benefits. And that will let you take your story any direction that you choose.
- Contribute up to $6,000 per year ($7,000 if you're over 50) to your retirement account
- Choose Traditional or Roth IRAs
- With a Traditional IRA, you may get a tax break each year you make a contribution
- With a Roth IRA, you pay no taxes when it comes time to withdraw your money
- Roth IRA funds can also be used in some cases to buy homes or pay education costs
- An IRA is also a perfect place to reinvest 401(k)s, stock rollovers and other employer-sponsored benefits when you change jobs