Roth IRA is offered through CUNA Brokerage Services, Inc.¹, a broker/dealer focused on serving credit union members. CUNA Brokerage Services, Inc. is an affiliate of CUNA Mutual Group.

Roth IRA

An Individual Retirement Account (IRA) is a tax-advantaged account you can use to save for retirement outside of an employer-sponsored plan.

The tax benefit of a Roth IRA is that withdrawals you make in retirement are not taxed. It may be best for you if you expect to be in a higher tax bracket when you retire.²

For an IRA that offers you possible tax advantages now, consider a Traditional IRA.²

How it works

• Make after-tax contributions up to $6,000 ($7,000 if you’re over age 50)
• Watch your savings grow tax-free
• Withdrawals can be made IRS penalty- and tax-free after five years and age 59½
• Make contributions until any age, as long as you have earned income

How to qualify

• You’re 18 or older with earned income can make contributions
• If your adjusted gross income is less than $125,000 if single, or $198,000 if married filing jointly, you can contribute up to $6,000
• If your adjusted gross income is between $125,000 – $140,000 if single, or $198,000 – $208,000 if married filing jointly, you can contribute a reduced amount
• If your adjusted gross income is more than $140,000 if single, or $208,000 if married filing jointly, consider a Traditional IRA

Roth IRA is offered through CUNA Brokerage Services, Inc.¹, a broker/dealer focused on serving credit union Members. CUNA Brokerage Services, Inc. is an affiliate of CUNA Mutual Group. For more information about CUNA Brokerage Services, Inc., please visit cunabrokerage.com.

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1. Retirement Planning Financial Professionals are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, may lose value, no financial institution guarantee, and not an obligation of the Credit Union. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty States of the United States of America.
2. Please consult a qualified tax professional for tax advice on your specific circumstances.