CERTIFICATES & IRAs

Rollover...your money! We can help! 401(k) & 403(b) rollovers If you have a 401(k) or a 403(b) account with a previous employer, you may be incurring hidden administration fees and losing money.  The best time to rollover your money is when you retire, change jobs, or separate from an employer for any reason. Rolling your money into an IRA account with Visterra CU can help you simplify your accounts, here's how: Reduce Administrative fees which can cut into your earnings by leaving your 401(k) or 403(b) with your former employer Continue tax deferred savings by not cashing out and owing taxes on the entire amount and being subject to an early withdrawal penalty To rollover your dough, contact Visterra Credit Union at 888.696.2724.   Share Certificates and IRAs at Visterra Credit Union Earn higher dividends and watch your deposits grow with our wide range of Share Certificate products (similar to a bank CD).  At Visterra CU, we offer Share Certificates with flexible terms from 3 months to 5 years.  Certificates can be tailored to fit your investment and income needs and only require a minimum deposit of $2,000 to open. If you're considering a retirement savings plan, we're sure to have an Individual Retirement Account (IRA) just right for you!  IRAs are a powerful tool to help build retirement savings. IRAs offer either tax-deferred or tax-free earnings growth until they are distributed, and some contributions may be tax-deductible as well. Over time, these special tax features can result in significantly larger savings than what you could have achieved with ordinary savings accounts. Traditional IRAs offer the possibility of tax deferment with earnings remaining tax-sheltered until withdrawn. Depending on your income, contributions may be fully or partially tax-deductible. Roth IRAs provide for IRS penalty-free and tax-free withdrawals on all qualified distributions and certain earnings. Contributions are not tax-deductible, but withdrawals after age 59½ are tax-free if the funds have been in the account for at least five years.   Is a Roth IRA right for you? IRA Account Benefits: Any income level can benefit from an IRA Money grows tax-deferred For information on when to begin contributing to an IRA, click here. For Rates and Terms, click here.