IRAs are Individual Retirement Accounts.

When Social Security and pension plans are not enough to maintain your standard of living at retirement, an Individual Retirement Account (IRA) can be an excellent investment. Both the Roth and traditional IRA offer a number of benefits, depending on your current financial situation.

• Traditional IRAs may allow you to defer taxes on your contributions' earnings until they are withdrawn.
• Roth IRAs allow only nondeductible contributions and features tax-free withdrawals for certain distribution reasons.
• Coverdell Education Savings Accounts (CESA) are non deductible accounts that feature tax-free withdrawals for a child's education expenses.

Your beneficiaries will be notified and funds will be distributed accordingly.

Share Savings

• The foundation for your relationship with Wings Financial Credit Union
• Offers lifetime membership, NCUA security and a competitive yield
• Earns more without being tied to a specific term
• Access 24 hours a day, 7 days a week via CU Online, ATMs, Wings branches and CU PAL Phone banking

High-Yield Savings

• No minimum balance to earn dividends
• No term commitment gives you ready access to your deposits
• NCUA insurance for your peace of mind

IRA Savings Accounts

• An individual retirement account that may allow you to defer taxes on the earnings on your contributions until they are withdrawn.
• See our IRA page for more information

Certificates

• Multiple Term Options - From 3 Months to 5 Years
• Low Minimum Balance - Open a certificate with as little as $500
• No Monthly Fees - Avoid monthly or service fees as an active member