Search Login Open Account Menu Home Retirement Accounts (IRA) Retirement Accounts (IRA) Overview Rates Calculator FAQ Open an IRA Retirement Accounts (IRA) Worried about your nest egg for retirement? Open an IRA (Individual Retirement Account) with a higher dividend rate that compounds monthly to grow your retirement savings even faster. With no annual contribution needed and industry-competitive rates to maximize every dollar you invest, you get tax-deferred dividends and tax deductions that work toward a better retirement. We offer Traditional IRAs and Roth IRAs. See what types of assets qualify for a tax deduction and how the IRS treats your investment by visiting their contribution information page. Always consult with a tax advisor before investing. A tax advantaged savings account to prepare for retirement Possible tax advantages, either with earnings or contributions Annual contributions not required No annual fees Opportunity for tax-deferred retirement funds A Geist MSR received flowers and a card. "To a GREAT banker, thank you so much for your help." - D. B. Additional Information Traditional IRA Contributions may be tax-deductible for “active participants” on an employer sponsored plan.* Dividends are tax deferred if you take qualified distributions. Traditional IRA Details from the IRS – check here for additional withdrawal and contribution information. Roth IRA Roth IRA’s differ from Traditional IRA’s in that contributions are not tax-deductible, but the interest and earnings can offer tax advantages. There is no mandatory distribution age. After 5 years, tax advantages on your earnings and principal begin. Roth IRA details from the IRS – check here for additional withdrawal and contribution information. Disclosures *Consult with a tax advisor about this and other aspects of IRAs. Deductibility is available on a sliding scale according to your income. Traditional IRA Amendment Roth IRA Amendment Related Products & Services Money Market Savings Savings Certificates Education Savings Learn with Banzai Collection: Planning for Retirement Article: Individual Retirement Accounts Coach: Retirement Funds Article: Critical Retirement Choices Resources Pricing Guide Reach Us Contact & Locations Member Service 907-459-5900 Toll Free Number 1-800-478-1949 Routing: 325272212 Blocked Vendors & Areas Lost or Stolen Card? Current Rates Sheet Protect Yourself from Fraud Property For Sale Safe Deposit Boxes Award-winning, innovative service for Interior Alaskans Follow us on Facebook Follow us on Twitter Follow our YouTube Channel NCUA Share Insurance Disclosures Privacy Statement Sitemap © Spirit of Alaska Federal Credit Union | NMLS #402231 Call: 907-459-5900 or 1-800-478-1949 Copyright © 2021 - All Rights Reserved. Your savings are 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.