On our Traditional I.R.A., Campbell Employees FCU pays a competitive dividend, compounded daily and paid monthly, based on the average daily balance in the account. See the rates page on this web site for current dividend rate.

 

 

Contributions of up to $5,000 per year may be made to a traditional I.R.A., and in many cases this contribution is tax deductible. Catch up contributions are also allowed for those over 50 (Consult your tax advisor).

 

Earnings in this account are normally tax-deferred until withdrawn after age 59 ½, although any withdrawal from a Traditional I.R.A. is taxable at some point. Penalty-free withdrawals can be made for qualified reasons such as qualified education expenses, first-time home purchase, at age 59 ½, if you become disabled, etc.

 

Call us today at 1-800-257-5354 x3262 or email us to get more information and start saving for your future.