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IRA Investments

After years of hard work and planning, your retirement should offer you the relaxation and financial security you’ve always dreamed about. Individual Retirement Accounts (IRAs) provide more opportunities for investing your retirement money.

Which IRA is right for you? Should you choose a Traditional or Roth IRA? A Financial Consultant from Wealth Management at Redstone Federal Credit Union can help you make wise choices about your retirement plans, so you can enjoy your next stage as you’ve always envisioned it.


Traditional IRA
  • Contributions may be tax deductible (check with your tax advisor). Contribution limits may apply.
  • Earnings are tax-deferred until withdrawn. Withdrawals prior to age 59 may result in a 10% IRS penalty tax.
  • Available to those with earned income. Required minimum distributions must be taken once you reach age 72.
Roth IRA
  • Contributions are not tax deductible
  • Earnings are tax-deferred until withdrawn. Withdrawals from the account may be tax- free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 1/2, or prior to the account being opened for five years, may result in a 10% IRS tax penalty.
  • You may be able to contribute to a Roth IRA for yourself or your spouse if you have earned income. Limitations may apply dependent on income level and filing status.

Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal. Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax.

The benefits of investing with Wealth Management at Redstone Federal Credit Union


Financial Advisors

Work with Financial Advisors who are knowledgeable, experienced, and focused on helping you succeed using practical investing strategies that fit your life.

Free Portfolio Review

Receive a free portfolio review with your Financial Advisor, allowing you to assess where you are now, outline a comprehensive investment plan, and address your questions and concerns.

All in one

Enjoy the convenience of having it all in one place when you invest with Wealth Management at Redstone Federal Credit Union.

24/7 Access

View your investments 24/7 with Redstone's free Online Banking tools.

Ready to Get Started? Contact Us Today.
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Disclosures

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC.) Insurance products are offered through LPL or its licensed affiliates. Redstone Federal Credit Union (RFCU) and Wealth Management at Redstone Federal Credit Union (WMRFCU) are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name WMRFCU, and may also be employees of RFCU. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of RFCU or WMRFCU. The WMRFCU site is designed for U.S. residents only. The services offered within this site are offered exclusively through our U.S. registered representatives. LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AL and TN.

Redstone Federal Credit Union (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL”) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services.

Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.

Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency Not Redstone Federal Credit Union Guaranteed Not Redstone Federal Credit Union Deposits or Obligations May Lose Value

LPL Financial Form CRS