Start saving today with an individual retirement account. IRAs are perfect for savings goals revolving around retirement, future medical expenses, or even your children’s education, and come with some pretty great annual percentage yields. Despite what you may think, you’re never too young or too old to open an IRA and start reaping the benefits.
IRA Options in Stanley
At Town and Country, we offer three types of IRAs:
Traditional IRA: Your contributions are tax-deductible* and grow without any tax penalties until you make a withdrawal.
Roth IRA: Fund with after-tax dollars so when you make a withdrawal in retirement, you can access your money with no penalties.
Coverdell Education Savings Account: The Coverdell Account enables your contributions to grow tax free without any withdrawal penalties so long as you use the money for a qualifying educational expense. Account holders are allowed to contribute up to $2,000 per year per beneficiary.
*Consult a tax adviser regarding deductibility of interest.
Why Choose an IRA with Town and Country Credit Union?
You can open an IRA practically anywhere you want, but if you choose Town and Country Credit Union, you get:
Great rates: IRA accounts with Town and Country earn interest on all balances.
Free Online Access: Access your account 24/7 through either our online portal or our mobile app, which is available for both Android and Apple smartphones.
Free Personalized Service: Each branch has a local team that can help you with your savings goals.
Free Phone Support: All Town and Country members get free phone support Monday through Friday from 7:00 a.m. to 7:00 p.m., and 8:00 a.m. to 2:00 p.m. on Saturdays.
Join Today
Eligibility is open to anyone who is either a relative of a current member or who lives within 75 miles of Minot or 50 miles from Kenmare or the Fargo-Moorhead area. If you qualify, you only need to make a one-time deposit of $5 to officially become a member. After that, you can open any account you need with any amount you have.
