Now is the time to save for your future

An IRA is one of the smartest — and most tax-efficient — ways to save for retirement. No matter what stage you're at in life, saving now with an IRA can better prepare you for your future.

At GOLD Credit Union, we offer two types of IRAs: Traditional and Roth. Refer to the details below to choose the plan that's right for you.


  • Generally tax-advantaged
  • Earn higher yields than with a GOLD Share Savings account
  • Contributions accepted until tax year filing date
  • IRA rollovers accepted
  • Federally insured by the National Credit Union Association up to $250,000

Check with your financial adviser for restrictions on incomes, withdrawals, and age, specific to each account.

Traditional IRA

A Traditional IRAis potentially tax deductible for most individuals, and your earnings are tax-deferred until you begin taking distributions. You can continue to make contributions as long as you have earned income. You can invest up to $6,500 per year or, if you're at least 50 years old, up to $7,500 per year. 

Learn more via our Traditional IRA brochure.

Roth IRA

While the Roth IRA2 is generally less restrictive than the Traditional IRA. Unlike Traditional IRAs, contributions to a Roth IRA are never tax deductible. However, the money you contribute can be withdrawn tax-free at any time, and, if you qualify, you can withdraw the earnings tax-free as well.

Learn more via our Roth IRA brochure.

Coverdell Education Savings Accounts

A Coverdell Education Savings Account2 or ESA, is designed to help you save for your child's education expenses, including tuition, fees, books, supplies, equipment, and, in some cases, room and board. With an ESA, you make nondeductible contributions that may provide for tax-free withdrawals — including earnings — down the road.

Please refer to our Coverdell brochure for full details.

Looking for a side-by-side comparison? Check out our brochures that cover all of our IRA products and compare both Traditional and Roth IRAs.

Rates are effective as of 3/01/2024

GOLD IRA Share Savings Dividend APY1 Minimum Balance
0.10% 0.10% $5.00
GOLD IRA Share Certificate Terms Minimum Deposit Dividend Rate  APY1
6 months $500 4.89% 5.00%
12 months $500 5.03% 5.15%
24 months $500 3.69% 3.75%
36 months $500 3.69% 3.75%
48 months $500 3.45% 3.50%
60 months $500 3.45% 3.50%

1 APY=Annual Percentage Yield. All rates are subject to change at any time without notice. IRA Share Savings: Minimum $5.00 opening and balance requirement. IRA Share Certificates: Minimum $500 opening and balance requirement. IRA Share Certificate APY is based on the assumption that dividends will remain in the account until maturity and the minimum balance is maintained. After a Certificate is opened, you cannot make additional deposits into the account. Withdrawal requests will reduce earnings and will result in Certificate closure. A penalty will be imposed if you withdraw funds before a Certificate maturity date. Credit Union eligibility and Membership are required prior to opening any GOLD IRA product. See Credit Union for additional terms and conditions. 2 The content provided is for informational purposes only. Nothing stated is to be construed as financial or legal advice. GOLD Credit Union recommends that you seek the advice of a qualified financial, tax, legal or other professional if you have questions.

Wouldn't it be nice to retire early with money to spare? Get started with your IRA today.

Already a member? Contact Us

Become a member

You are now leaving GOLD Credit Union's website. This site is provided with the sole intent of providing helpful and convenient information for our members. We recommend that you consult the privacy disclosure on all websites before continuing. GOLD Credit Union is not responsible for any content on any other website, and does not represent either the third party or you, the member, if you enter into a transaction.

Continue        No, Go Back