Imagine what your perfect retirement looks like. Is it mornings spent sleeping in, an afternoon on the range, or driving cross country to site-see? Whatever your dream is, be proactive in your retirement and start funding those dreams today.
IRAs offer tax-advantages while you save, and earn higher dividends than regular savings. We offer different plans for different needs. Talk to a Kern FCU representative about which plan is right for you.
- Enjoy tax advantages while saving for retirement*
- Earn competitive dividends higher than regular savings
- One time $5 setup fee
- No monthly, annual, or maintenance fees
- Annual contribution limits
- Traditional and Roth available
- Funds may be used to purchase an IRA Share Certificate
- Certificate early withdrawal penalties are waived if you are subject to an annual Required Minimum Distribution (RMD)
- Rollovers from other retirement plans accepted
- Including 401k, 403B, Profit Sharing or Deferred Compensation
- Direct transfers available
- Kern FCU will administer all required IRS tax reporting free of charge*
- State and Federal tax withholding provided, free of charge
- NCUA insured up to $250,000 in addition to standard share insurance
*KFCU staff may give you general guidelines regarding tax rules applicable to IRAs, but are not qualified to give you specific tax guidance. Please contact a qualified tax advisor regarding possible benefits of an IRA.