Preparing for your golden years.
It’s never too early (or too late) to start planning your retirement. We can help you with a number of different Individual Retirement Account (IRA) options:
- If your employer doesn’t offer a retirement savings plan, or if you would like to invest more into your retirement than the limits of your current plan, a Traditional IRA can be opened and funded without any employer participation.
- On The Grid Financial also offers an Accumulative IRA that allows you to save a little each payday.
- A third option is an IRA Certificate that can be opened with a $1,000 minimum investment. Our IRA Certificates come with terms of six months to five years.
With all of our IRA options, contributions and earnings are tax deferred until retirement, although there may be penalties for early distribution unless you qualify for an exemption. Exemptions may include a disability, qualifying educational expenses, unemployment, qualifying first-time home purchases, death or receipt of your IRA assets in equal payments over your life expectancy.
Plus, our IRAs are federally insured to at least $250,000 and are backed by the full faith and credit of the National Credit Union Administration (NCUA), a U.S. government agency, so you know your money is secure.
We’ll be happy to speak with you about the options we have available and how they can best benefit you, now and in the future. That’s what being “Right Down The Line” means.