Life After Retirement

More than 85% of Americans retire on an annual income of $10,000 or less,* so a comfortable and rewarding retirement depends on your retirement savings. Th e more you save today, the better prepared you’ll be when your paychecks stop.

Think of United Poles Credit Union as your retirement saving’s partner. Our Individual Retirement Accounts (IRAs) can help you prepare for the retirement you want. Whether you choose the tax advantages of the Traditional IRA or the tax-free earnings of a Roth IRA, our retirement accounts are the smart, easy, and safe way to save for retirement.**

Open an IRA Savings Account, and add to it as often as you like until you reach your maximum annual contribution amount. Or, if you have $500 or more to invest, IRA CDs pay very attractive rates, allowing even modest savings to grow faster for you. We can also help you transfer an IRA from another fi nancial institution or broker to take advantage of our great rates. Our IRAs are insured separately from your other deposits, giving you additional peace of mind. The National Credit Union Administration (NCUA) insures IRAs up to $250,000.

IRA Account Changes Starting January 1, 2012

Starting January 1, 2012 our IRA accounts will be paying tiered dividends—the more you have in your account, the higher rate the money will be earning—the rates are as high as 2% APY***. We are also introducing 5-, 7- and 10-year IRA CDs with rates up to 3% APY***

*Source: U.S. Department of Health and Human Services.
**Always consult a tax advisor about deductibility or other tax implications before contributing to any retirement account.
***APY=Annual Percentage Yield. Rates current as of the date of this publication and subject to change without notice.