It's never too soon to think about retirement, and a Campbell Employees Federal Credit Union I.R.A. is one of the easiest ways to save for your retirement years. We offer both Traditional and Roth I.R.A.s and we pay competitive dividends on each. Payroll deduction can make saving for retirement even easier.

 

 Our I.R.A.s offer various tax advantages, as allowed by law.  Check with your tax advisor to determine which one is right for you. Not only will you have the security of knowing that you are saving toward a comfortable retirement, but you may reap tax benefits as well.  Call us at 1-800-257-5354 x3262 or email us for further information about Traditional or Roth IRAs.

 

NOTE FOR 2008:  Contribution limits for 2008 are $5,000 for individuals under age 50 and $6,000 for individuals over the age of 50.  Additionally, the Modified Adjusted Gross Income (MAGI) limits have been raised: 1) For Traditional IRAs, a single person with an MAGI less than $63,000 can contribute, and a married couple with an MAGI less than $105,000 can contribute; 2)  For Roth IRAs the MAGI limit for an individual is $116,000 and $169,000 for a married couple.

 

From January 1, 2007 to April 15, 2008 contributions can be made for either tax year 2007 or 2008.  Please designate the tax year for your contribution when you make your deposit.