IRA Share Accounts
Save for Retirement & Education Expenses
Abri's IRA Share Account allows you to keep your IRA savings more accessible. While some types of IRAs allow you to save without paying taxes on the funds until you begin to make withdrawals, other IRAs offer tax-deferred earnings. Abri offers three types of IRA Share Accounts. In addition, Abri offers IRA Certificate accounts for those looking to earn a higher return.
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Below are details for ACU's IRA Share Accounts.
|Monthly Service Charge||None|
|Withdrawals||Permitted according to the IRS regulations.|
|Withdrawal Penalty||May apply according to IRS regulations.|
|Closing Fee||$25 - when transferring an IRA plan to another financial institution|
Dividends are compounded and paid monthly based on the average daily balance. The dividend rate and APY may change every dividend period as determined by the Board of Directors.
|Dividend Payment Options||
|Types of IRAs||Traditional, Roth, and Coverdell Education|
|Contributions||Limits vary depending upon your age and the type of IRA. Visit our IRA Central for limits & eligibility or e-mail email@example.com.|
|Automatic Deposits||You may have money deposited into your account with automatic transfer or payroll deduction.|
|Statements||Issued Quarterly by
|ASI Insured||Funds are insured up to $250,000 per account. By member choice, this institution is not federally insured. for more information regarding ASI.|
†APY = Annual Percentage YieldFor more information regarding IRAs visit our IRA Central, e-mail firstname.lastname@example.org or call (815) 267-7700 or (866) 469-6228