Patriot Federal Credit Union

Individual Retirement Accounts

Patriot Federal Credit Union offers several options to help you save for retirement or your child’s college education. Contributions may be deposited in “lump sums” or throughout the year by regular deposits, depending upon the type of IRA account you choose. Check our current rates.

Traditional IRAs

A Traditional IRA offers the advantage of tax-deductible contributions now, building earnings until you need them, and deferring taxes on your earnings until they are withdrawn.*

Roth IRAs

A Roth IRA offers flexibility by allowing you to pay taxes now and reap the benefits in the future. Within qualifying limits, Roth IRA contributions and earnings may be withdrawn tax-free.*

Coverdell Education Savings Account

The Coverdell Education Savings Account (formerly known as the Education IRA) is a savings account that will help pay for your child’s education. You can contribute funds to help pay for your child or grandchild’s qualified educational expenses, while taking tax advantages.*

Our staff is up-to-date on the latest IRA provisions and can help you choose the term that best suits your needs.

*Please consult your tax advisor about your particular situation.

Dividend Rates

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