Individual Retirement Accounts

Time rolls on. Your golden years will be here before you know it. With a Traditional or Roth IRA, you can set aside enough to check off every item on your retirement bucket list.

Life's next chapter can be the best one yet

Build long-term financial security

Earn steady returns with IRA Certificates of Deposit

Enjoy a range of tax advantages

Feel free to double up

There's a good chance your North Texas employer offers a 401(k) or similar retirement plan. It's a smart move to supplement that with an IRA to maximize your retirement savings.

We can help put you on the right path

With Traditional IRAs, you may be able to take an income tax deduction each year you make a contribution. With a Roth IRA, all qualified withdrawals after age 59 ½ are tax-free. A DATCU professional can explain all the differences between the two most popular retirement accounts and help you make a good choice.

Minimum opening deposit of $1,000
Contribute up to $7,500 annually – up to $8.600 if you're age 50 or over
Deposit funds in CDs ranging from 6 to 60 months
All annual interest earnings are tax-exempt
With a Traditional IRA, you must begin making minimum withdrawals at age 73 – and you'll pay taxes on withdrawals
With a Roth IRA, there are no minimum withdrawals at any age – and you can keep making contributions as long as you have earned income
The DATCU team can help you transfer IRA funds from other financial institutions without incurring penalties or tax liabilities

Your financial sidekick

Savings Made Easy: Examining the Trend of Dedicating Individual Accounts for Individual Savings Goals

How Much Will I Need To Save For Retirement Calculator

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I've been a member of DATCU for approximately 30 years and have always been treated with respect, efficiency, and a great smile. Additionally, DATCU's interest is so much better than other banks and credit unions. Thank you, DATCU!

Judy D.