Shop Element

IRA – Roth IRA

Start saving for retirement today. A Roth IRA will earn you tax-free growth and offer flexibility to use your money without penalties before retirement.

Learn More Button



Roth IRA accounts are a special type of investment that allow your earnings to grow tax-free. As of 2024, you can invest up to $6,500 per year in a Roth IRA account (or up to $7,500 per year if you are 50 or older).

You are eligible for tax-free earnings withdrawals from your Roth IRA once you are age 59½ or older and the money has been in the account for at least 5 years. There are no mandatory withdrawals, and you can continue to invest in a Roth IRA no matter your age as long as you have earned income and meet the income limits.

Features and Benefits:

  • Awesome Dividend Rates: Consistently among the best in the country.
  • No Minimum Balance Requirement: Start investing with any amount.
  • No Maintenance Fees: Enjoy fee-free account management.
  • Penalty-Free Withdrawals: Withdraw contributions at any time without IRS penalties or taxes.
  • Tax-Free Growth: Earnings grow tax-free.
  • Unlimited Investment Age: Invest regardless of age, as long as you have earned income.
  • No Required Minimum Distributions: No mandatory distributions at any age.
  • Flexible Dividend Reinvestment: Automatically reinvest dividends or receive monthly checks — it’s your choice.
  • NCUA Insurance: Deposits are insured up to $250,000 by the National Credit Union Administration (NCUA).

Annual Contribution Limits:

  • 2024 – Under Age 50: $6,500
  • 2024 – Age 50 and Over: $7,500

*Catch-up contribution eligibility begins on January 1 of the calendar year of the contributor’s fiftieth birthday.

Visit the Internal Revenue Service website for more information.

Learn More Button


There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.