can an account be a certificate of deposit and roth ira?
You can make contributions into the account via direct deposit, automatic transfer or payroll deduction. TLFCU offers many types of individual retirement accounts with various terms. Traditional, Roth, or Education IRAs can be established and funds deposited into a savings or certificate of deposit IRA. Contributions to a traditional IRA can be made for the previous year up to April 15 of the current year. At age 59Â½, you can begin to enjoy your hard-earned savings with no penalty or fees. A Roth IRA is similar to the standard IRA but with a twist.