Banking Made Easy!
Bank from home with
from Space Age
The sky is the limit with an IRA (Individual Retirement Account) at Space Age Credit Union. You can choose between a Traditional and Roth IRA.
A Traditional IRA (an Individual Retirement Account other than a Roth IRA, SIMPLE IRA or Education IRA) is a special tax-deferred savings plan authorized by the Federal Government to encourage you to accumulate money for retirement.
You can withdraw funds from your IRA any time after you reach age 59 ½. Distributions taken prior to age 59 ½ are subject to a 10% early withdrawal penalty unless the distribution is:
Distributions must start by April 1st following the year in which the participant reaches age 70 ½. Failure to begin distributions at this point will impose penalties.
A Roth IRA is an individual retirement account to which participants are able to make annual nondeductible contributions. Unlike a Traditional IRA in which your earnings are tax-deferred, Roth IRA earnings can be tax-free.
This site may not work properly in Internet Explorer.
We recommend viewing the Space Age website in Google Chrome, Firefox, Microsoft Edge or another supported browser of your choice.