Traditional & Roth Options

Need help saving for retirement? State Employees Credit Union offers share savings IRAs with the interest rate declared quarterly.

Individual retirement arrangements are a smart way to save for the future! A Traditional IRA can be opened and funded without any employer participation. All IRAs are governed by the rules set forth by the IRS. Until age 59 ½, there is a 10% early distribution penalty unless you qualify for an exemption due to one of the following:

• Disability
• Qualifying education expenses
• Unemployment
• Qualifying first home purchases
• Death
• Receipt of your IRA assets in equal payments over your life expectancy

For additional options and consultative advice on Individual Retirement Accounts, Insurance or other Investment Strategies, we encourage you to contact our MEMBERS Financial Services representative, Morgan Doyal at (404) 463-1895. Morgan can also help with Retirement Planning, Long Term Care Insurance, Estate Planning, Tax Planning and more!