IRA Certificates

Start saving today for a worry-free tomorrow.

Retiring comfortably takes considerable savings and planning. The good news is that there are plenty of things you can do to prepare. An individual retirement account (IRA) Share Certificate allows you to save money and earn higher returns while minimizing risk. You’ll be able to sit back, relax, and enjoy your retirement instead of worrying about your finances.

Tax Benefits Reduce how much tax you owe by contributing regularly to your credit union IRA.
Flexible Terms Pick from various certificate terms to meet your savings goals from 6 to 60-months.
Competitive Rates Earn better returns on your IRA savings account through more competitive rates than those offered at other institutions.

IRA Certificate Resources

Calculator

IRA Savings Calculator

Apply & Save in 1-2-3

1 Apply New and existing Fibre Federal Credit Union members can click below or visit any location.
2 Select Your Term Choose a term between six months and five years that meets your savings goals.
3 Fund and Save! Make deposits to watch your nest egg grow over time!

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Other Features

Low Minimums

Open an account and start saving with low minimum deposits.

Fixed Rates

Save more by earning higher returns with guaranteed fixed dividend rates.

Federally-Insured

Keep your money safe with government-backed account insurance of up to $250,000.

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More Details

Our IRA Certificates offer fixed rates, flexible terms, and tax-deferred growth to help you build savings for retirement.

Features include:

LOCK-IN RATES

No matter how long your term, your rates won’t change. Earn high, guaranteed dividends over the certificate’s lifetime.

FLEXIBLE TERMS

Choose a term from 6 to 60 months that best suits your needs. Opt for a longer timeframe to lock in current rates.

EARN HIGHER DIVIDENDS

Put your money to work and save more for retirement. Enjoy higher dividends compared to most other savings account options.

CONTRIBUTION LIMITS

The IRS dictates the maximum amount you can contribute to all of your IRAs in a year. For 2023, the limit is $6,500 per year for individuals under 50 and $7,500 for those aged 50 or above.

In 2024, you will be able to contribute $7,000 if you’re under age 50 and $8,000 if you are 50 or older.

WITHDRAWAL FEATURES

You can access your funds once the IRA Certificate reaches the maturity date. Anyone age 73 or older can withdraw funds without penalties to meet the required minimum distributions. Otherwise, early withdrawal penalties may apply.

Open IRA Certificate

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Why Choose Fibre Federal & TLC?

As a member-owned credit union, we put the best interests of our members first.

Our service area covers eleven counties in SW Washington and along the Oregon coast. Anyone with family ties or shared households with existing members can join. We also extend membership to select local businesses and organizations.

Fibre Federal Credit Union and TLC provides a full range of financial services designed to meet the specific needs of our member-owners. Experience the credit union difference with us!

Real Words, Real People from the PNW

I am very satisfied with my experience, especially due to the fact it was my first time using the text feature. The agent I talked to was very professional, answered all of my questions, operated in timely fashion, and left me with a good first impression. I will be using this again because of her.

Brad O.

IRA Certificates FAQs

How do annual percentage yields compare for different types of IRAs?

Annual percentage yields show the annual return earned on an IRA account. IRA Certificates tend to offer higher APYs than other types of savings accounts like money markets or share certificates. A higher APY potentially allows your retirement savings to grow faster.

How risky are IRA Certificates compared to other options?

IRA Certificates can offer higher returns than savings accounts. They also have less risk than mutual funds. Consider your risk tolerance and time horizon when choosing investments.

What income limits apply to contributing to an IRA Certificate?

You can contribute earned income up to the annual IRA limits set by the IRS. Income limits only affect whether contributions are tax-deductible. Check with your financial advisor regarding deductibility.

What are the tax advantages of an IRA Certificate?

An IRA Certificate allows your savings to grow tax-deferred. You don’t pay taxes on the dividend earned until you withdraw the funds in retirement. This feature can boost your returns compared to other taxable savings accounts. Consult with your tax advisor for personalized advice.

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*Annual Percentage Yield (APY) effective and subject to change.

Also see Terms For Accounts.