Whatever your age, planning for retirement is an important part of ensuring your long-term financial success. The best part is, you don’t have to do it alone – .now is here to help.
Insured Products Other Options Tips & Tools
Insured Products
PCU offers a variety of deposit products – all of which are insured up to $250,000 by the NCUA. Consider adding the following to your retirement mix:
- IRA Certificates of Deposit
IRA CDs earn more interest than standard savings accounts because you have to keep your money in them for a set period of time – from 6 to 60 months. That shouldn’t be a problem with your retirement dollars because you won’t be using them for a long time.
When your CD term is up, you can roll your money into another IRA CD or transfer it to one of your other retirement accounts. The best part is – you’ll have peace of mind knowing your money is safe and earning a consistent yield. View our competitive rates.
- IRA Premium Money Market
This account is another great way to safely save some of your retirement funds. You’ll enjoy PCU’s competitive deposit rates. Plus, the more you keep in this account, the more interest you’ll earn. How’s that for a retirement savings incentive?!
- Health Savings Account
If you have a high deductible health insurance plan, you may qualify for a Health Savings account. Already have a Health Savings at another financial institution? Consider switching to PCU – you’ll earn a competitive yield with no fees and no minimum distribution amount. Interest earned is also tax free. Learn more.
Other options*
Want to learn about other investment options? With the help of a licensed and registered financial professional from the MEMBERS Financial Services Center located at PCU you can:
- Set up a long-term financial plan
- Learn about and invest in mutual funds
- Learn about and obtain brokerage services
- Purchase life insurance
- Purchase tax-deferred annuities and more!
The MEMBERS Financial Services Program located at PCU has been available to members since 1988. Representative Andy Barnick is here to help with your investment and/or insurance needs. Give him a call at 651-773-2876 to learn more.
*Representatives are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment adviser, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 866-512-6109. Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by PCU. The representatives may also be PCU employees who accept deposits on behalf of PCU. CBSI is under contract with PCU through the financial services program, to make securities available to members. CBSI is a registered broker/dealer in all fifty states in the USA.
Home & Family Finance
Get answers to your long-term savings questions – search the Retirement category of this website for helpful articles and information about growing your nest egg.
Debt in Focus
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