Retirement Accounts
Build the retirement you've always envisioned with an IRA that grows with you. Let us help you start planning.
Call Us to Open (800) 222-1226
Climb Higher with an IRA Just Right for You
Discover which IRA will take you furthest on your financial journey.
Traditional IRA
Tax-Smart Savings Now
- Save up to $7,000 pre-tax ($8,000 if you’re over 50) in 2025
- Savings grow tax-deferred
- Withdraw penalty-free after age 59½
- Anyone with earned income can make contributions
Roth IRA
Tax Savings in Retirement
- After-tax contributions up to $7,000 ($8,000 if you’re over 50) in 2025
- Savings grow tax-free
- Qualified withdrawals are penalty- and tax-free after 5 years and age 59½
- Make contributions at any age, as long as you have earned income
SEP IRA
Perfect for Self-Employed or Small Business
- Save up to 25% of your earnings
- Deduct contributions each year from income tax{{tax_advisor}}
- Savings grow tax-deferred
- Easy setup and administration with no annual filing requirements or complex paperwork
IRA Savings Accounts
Whether you're just starting out or planning for the years ahead, take control of your retirement with options designed to maximize your savings.
- F&A offers Traditional, Roth, and SEP IRAs
- Low minimum opening deposits
IRA Certificates
Enjoy steady returns with our exceptional rates while your retirement savings grow safely with IRA Certificates.
- Earn up to 4.50% APY{{apy_certificates}}
- Start with just $1,000
Calculate Your Earnings
FAQs
Can I have multiple IRAs?
Yes, you can have multiple IRAs, including:
- Traditional
- Roth
- SEP IRA, if you’re self-employed or own a small business.
These accounts can be held at F&A as IRA Savings Accounts or as IRA Certificates or at other financial institutions.
What is the advantage of opening an IRA at a credit union?
Credit unions, like F&A, offer guaranteed returns, federal insurance protection up to $250,000, competitive rates, and personalized service because we’re invested in you as a member. Interested? Contact our Member Contact Center, or stop by a branch for more information.
If you’re not a member of F&A Credit Union and wish to join, check your eligibility and fill out an application.
Can I roll over a previous employer's retirement plan into an F&A IRA?
Yes, you can roll over a former employer's retirement plan into an F&A IRA account as either a Savings Account or use the funds to open an IRA Certificate. Please contact our Member Contact Center for more information at (800) 222-1226.
Excellence
Raising the bar in everything we do.
We embrace challenges and relentlessly pursue the best solutions for our members. At F&A, we're continually evolving to meet your financial needs, make banking more convenient, and provide expert guidance. Our commitment to excellence means you'll always receive the highest quality service tailored to help you achieve your financial dreams.
