Which savings account works for you?
|Primary Savings||Secondary Savings||Traditional IRA||Roth IRA|
|Overview||Open this account to become a Rock Valley CU member||Savings account for anything||Ideal for supplementing your retirement.||This account diversifies your investment portfolio with a combination of guaranteed returns and tax benefits.|
|Requirements||$25 minimum balance||No minimum balance||No minimum balance||No minimum balance|
|Dividend Earning||Non-tiered and dividend paid quarterly||Non-tiered and dividend paid quarterly||Non-tiered and dividend paid quarterly||Non-tiered and dividend paid quarterly|
|Detail||Open the doors to credit union membership along with other products and services offered by RVCU||You can open as many secondary savings accounts as you wish.
You can name them such as: Taxes, Car Insurance, Wedding, etc
|With this IRA you may qualify for a tax-deductible contribution (which could provide a tax payment reduction. Consult with your tax provider.)||Contributions are made with after-tax dollars. At retirement, both your contributions and the earnings may generally be taken out as tax-free withdrawals.|
Retirement Savings and Planning
- Retirement Income Calculator - Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement.
Financial well being starts with a savings account. Apply online or stop into any location to start saving for your future today.