1-800-276-0025 dccu@dawsonco-opcu.com BANKING ELECTRONIC SERVICES OUR CREDIT UNION RESOURCES FAQS ONLINE BANKING LOG IN Traditional IRAs An Individual Retirement Account (IRA) is a long-term savings program designed to encourage retirement saving by individual taxpayers that may be tax deductible. Make sure to check with your tax adviser to decide on the best IRA investment option for you. Contact Us to Get Started How does a Traditional IRA work? We offer a variety of dividend rates and terms. Choose the IRA daily account – you can add to your account at any time (up to IRS maximums), or choose a 12, 24, 36, 48 or 60 month certificate to earn a fixed dividend rate. You are eligible to contribute to a Traditional IRA as long as you (or your spouse is fling a joint tax return) earn compensation from employment, or you have not reached age 70 1/2 before the end of the year (once you have reached 70 1/2, however, you must remove a minimum amount from your Traditional IRA each year). See Our Rates Roth IRAs A Roth IRA is an individual retirement account named for the late Senate Finance Committee Chairman William Roth, Jr. This type of IRA offers different tax incentives than a Traditional IRA to boost your retirement savings. Contact Us to Get Started How does a Roth IRA work? Unlike Traditional IRAs, contributions to a Roth IRA are never tax-deductible. But the money in your Roth IRA can be withdrawn tax-free at any time. And if you qualify, you can withdraw the earnings tax-free too. Money contributed has already been taxed. So, the principle amount is not subject to taxes or penalties in the future, as long as you stay within the contribution guidelines. Choose the Roth IRA daily account – you can add to your account at any time (up to IRS maximums) or choose a 12, 24, 36, 48 or 60 month certificate to earn a fixed dividend rate. No distribution requirements. See Our Rates Frequently Asked Questions Have more questions about how Traditional IRAs and Roth IRAs work, and what you can do with them? Take a look at our Frequently Asked Questions page to learn more Learn More Contact Us 711 6th St, PO Box 1002 Dawson, MN 56232 1-800-276-0025 Routing Number 291273549 Secure File Upload Upload Debit Card Customer Services General Customer Service 866-596-3059 SHAZAM Short Code 72718 for sending fraud text messages SHAZAM Fraud Service 855-219-5399 Report a Lost/Stolen Card 800-383-8000 Credit Card Customer Services General Customer Service 877-848-5092 Report a Lost/Stolen Card 800-556-5678 Helpful Links NCUA Financial Literacy Resources DCCU Go Mobile Consider Direct Deposit NCUA – Your Insured Funds Share Insurance Estimator Copyright © 2014 Dawson CO-OP Credit Union. All rights reserved. Privacy Policy | e-Sign Disclosure | Contact Us | Board | Staff | CC Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S.Government Agency. NCUA Your Insured Funds