Traditional IRA

  • Contributions to a traditional IRA may be tax deductible*
  • Maximum contribution of $6,000 per year**
  • Contribution limits increase to $7,000 at 50 years of age

Roth IRA

  • A retirement planning option funded solely by after-tax contributions
  • Offers the possibility of tax-free withdrawal of earnings at retirement
  • Maximum contribution of $6,000 per year*
  • Contribution limits increase to $7,000 at 50 years of age

Education IRA

  • Requires a specified beneficiary, a child under the age of 18
  • The funds will be used to pay post-secondary education expenses for said beneficiary
  • Maximum contribution limit of $2,000 per child, per year*
  • *$6,000 limit to contributions made to the aggregate of Roth and Traditional do not include the $2,000 Education max

Call a Member Services Rep today at 405.743.3328 to get the details on Oklahoma Community Credit Union’s IRAs.

Oklahoma Community Credit Union offers investment options to help you build a nest egg or save for retirement. We can help you determine the best savings solution for your needs. Individual Retirement Accounts (IRAs) offer you:

  • Flexible terms
  • Competitive dividend rates
  • Federal deposit insurance through the NCUA
  • Monthly dividends on IRA certificates
  • Quarterly dividends on IRA savings accounts
  • $250 to open an IRA savings
  • $1,000 minimum to open an IRA certificate

Call Member Services 405.743.3328 to get started on opening your IRA today.

*tax benefits and deductibility should be discussed with your tax advisor.
A maximum contribution of $6,000 per year is for the aggregate of a Traditional and Roth IRA.
Income level may impose restrictions on the Education IRA maximum contribution