Goldmark FCU’s Individual Retirement Accounts accounts will assist you in planning for your future retirement.
Traditional
Contributions made to a Traditional IRA have the potential to be tax deductible; all earnings are tax free until withdrawn. Investment options include an IRA Share or IRA CD (see current CD rate schedule for details). For all tax related questions please consult a skilled tax advisor.
ROTH
Contributions are not tax deductible though your contributions may qualify you for a Savers Tax Credit of no more than $1000. All earnings are tax-free, and have the potential to be tax-free at the time of withdrawal. For all tax related questions please consult a skilled tax advisor.
For questions regarding IRA’s please call for details.