Individual Retirement Accounts
The last day to file your state and federal taxes is Monday, April 15. If you haven’t already done so, there’s still time to take advantage of our new higher IRA and Coverdale CD rates—as high as 2.95% APY.*
Start your retirement savings plan today with a Bellco Individual Retirement Account (IRA). Whether you're opening a new IRA or you have a rollover from another plan, we have the right retirement account choice for you.
The first step toward a secure retirement is taking the time to assess your current financial situation and saving options. Visit Bellco's Retirement Central to learn more about retirement planning and account options. Retirement Central has a wide range of planning tools, articles and calculators to help you get started.
*APY = Annual Percentage Yield. The interest rate and annual percentage yield (APY) are subject to change, without notice, at anytime prior to the issuance of the certificate. After the point of issuance interest rates and annual percentage yield (APY) are fixed. Early withdrawal penalties apply, read more. IRA earnings could be reduced if fees are added. Check with your tax attorney or accountant for specific IRA rules, deductibility of contributions, and taxability of withdrawals.
Traditional & Roth IRA CDs
Individual Retirement Account CDs give you the benefits of a traditional CD within either a Traditional or Roth IRA, and they generally pay higher interest than a regular savings account.
- Tax-advantage: being part of an IRA lets investors receive tax breaks that other accounts cannot
- Safe & secure: IRA CDs are considered safe places to invest money for retirement
- Great rates: earn better yields with highly competitive CD rates
Save on taxes today: your annual contributions are tax deductible depending on how much money you earn, your marital status, and whether you contribute to a 401(k) plan at work.*
Save on taxes tomorrow: your annual contributions are not tax deductible; but, when you retire, your withdrawals are tax free.*
Coverdell Education Savings Account
A Coverdell Education Savings account (formerly known as an Education IRA) lets you save for your children's college education tax free. Save on taxes now and be ready for college in the future.*
To open your account online, click on the Open Now button below, select Open an IRA in the left navigation, then select the second option Open an IRA and lastly, click on Coverdell Education Savings Account.
Find out more about alternative investments for your IRA
If you want to look at IRA options that involve stocks, mutual funds or other securities, visit a branch and take advantage of a complimentary consultation with an investment representative from CUSO Financial Services, (CFS).**
If you have specific Bellco IRA questions call us at 303-689-8188.
*Check with your tax attorney or accountant for specific IRA rules, deductibility of contributions, and taxability of withdrawals.
**Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA /SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Bellco Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union customers.