Grow Financial Federal Credit Union

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Retirement
Accounts

Save for the Future
of Your Dreams


When you save for retirement, you’re giving your future self the time and money to do the things you love. And here at Grow, we want to make saving for retirement simple. We have educational resources designed to help you get started and keep you moving in the right direction. No matter where you are right now, our retirement accounts1 can help you get where you want to be. Grow members can open a retirement account through online banking.

Traditional IRA

With a Traditional IRA, your contributions may be tax deductible during your working years, which means you save more today, but you’ll pay income taxes on the distributions you take during retirement.

Not yet a Grow member? You can still open an IRA at any of our stores.

Roth IRA

With a Roth IRA, your contributions are made with after-tax dollars now so that your qualified distributions may be tax-free during retirement. Something to think about as part of your retirement planning strategy.

Not yet a Grow member? You can still open a Roth IRA at any of our stores.

Learn How IRAs Work

Since IRAs can be tricky, how do you know which one to choose? It’s important to have someone to talk to. At Grow, we get it, and we have people who can explain it to you. These people have earned certifications through an accredited training program offered to banks and credit unions. In other words, they know their stuff.

Important Information About Procedures for Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. What does this mean for you: When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Accounts are subject to approval.

1Certain restrictions apply. Not all taxpayers are eligible. Consult your tax advisor.