Share

• Open a Roth IRA Share with $25 balance to start with no fixed term
• Deposit up to $5,500.00 for age 49 and under, and $6,500.00 for age 50 and over per year, subject to income limitations
• Contributions are post-tax, dividends are tax-deferred
• No penalty from Credit Union for withdrawals, possible IRS penalties may apply
• Deposits are taxed prior to contribution
• Must have a balance of $100 or over to earn dividends
• No maintenance fees
• Rates vary. See rates page.

Certificate

• Open a Roth IRA Certificate with $500 to start at a fixed term
• Certificates will automatically roll over at maturity, with the same term and current rate unless member request different
• Deposit up to $5,500.00 for age 49 and under, and $6,500.00 for age 50 and over per year, subject to income limitations
• Subject to early withdrawal penalties (IRS penalties may also apply)
• Deposits are taxed prior to contribution
• No maintenance fees
• Rates based on Certificate term, see below.

Speak to a representative!

Members

If you are already a DFCU member, simply call 562.862.8141 or email feedback@downeyfcu.org to open this account.

Non-Members

If you aren’t a DFCU member yet, visit our branch to open this account.