Selecteer een taal▼ Online Banking Online Banking Enrollment ACCOUNTS LOANS CARDS SERVICES ABOUT SECURITY CAREERS BLOG Accounts IRAS Smart INVESTING Traditional, Roth & Direct Rollover Individual Retirement Accounts (IRAs) are a smart and secure means of long-term investing for your retirement. Choose from our Traditional IRA, IRA Share Certificate, or a combination of both. TRADITIONAL IRAS Available to any member with earned income, you may contribute up to $6,000 to an IRA per tax year. If your spouse is employed, they can also open an IRA and contribute earned income for the year or $6,000 - whichever is less. Instead, you may also choose to open a spousal IRA on his/her behalf with the total contribution of $12,000 for the year, as long as a contribution to either of the accounts is no more than $6,000. ROTH IRAS Members with earned income may contribute up to $6,000 to a nondeductible IRA that features tax-free earnings. If your spouse is also employed, he/she can also open a Roth IRA and contribute up to $6,000. That's a total of $12,000 between the two accounts. CATCH-UP CONTRIBUTIONS Individuals age 50 and older may make catch-up contributions of up to $1000 per taxable year to their Traditional and /or Roth IRA. DIRECT ROLLOVERS With a Direct Rollover IRA, your retirement funds move directly from a qualified plan to a traditional IRA. This will enable you to continue to earn high dividends even after you retire. With Direct Rollover IRA, you can invest in the Basic IRA, the IRA Share Certificates, or both. BASIC IRA Club Account (Traditional, Roth & Direct Rollover). These rates are set, posted, and compounded monthly by PEFCU's Board of Directors. The advantage of the Basic IRA is that your money is more accessible and not subject to any Credit Union penalties. You also have the choice to transfer your IRA funds to a higher earning IRA Certificate. IRA SHARE CERTIFICATE (TRADITIONAL, ROTH & DIRECT ROLLOVER) IRA Share Certificate rates are market-based and are fixed for the length of the term. Also, though there are PEFCU and IRS penalties for early withdrawal, the dividends you receive will likely be higher than those of the Basic IRA. COVERDELL EDUCATION SAVINGS ACCOUNT (FORMERLY EDUCATIONAL IRA) This is a nondeductible account with tax-free withdrawals for a child's education expenses. You may contribute up to $2,000 per year on behalf of children under 18 years of age. All earnings on the account are tax-free if the money is used for education expenses. This includes tuition, fees, books, supplies and equipment required for the enrollment or attendance at an eligible education institution. Make the smart choice - contact a PEFCU Representative for more information. LET US HELP. The IRA Service Center will provide you with the documents and information you need to open the best IRA to fit your needs. Feel confident that you are making the right decision opening a PEFCU IRA. MEMBER CONTACT CENTER 1-800-226-6673 TOLL FREE CARD SERVICES 1-800-226-6673 ext 6602 NMLS# 403109 E-MAIL info@pefcu.com ROUTING NUMBER 263179817 FACEBOOK INSTAGRAM BLOG TWITTER YOUTUBE Privacy Policy | Disclosures Copyright © 2021 Publix Employees Federal Credit Union If you are using a screen reader or other auxiliary aid and are having difficulty with this site, please call 1.800.226.6673