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Maximize your retirement savings

Individual Retirement Accounts (IRAs)

Advantis IRAs help you save for retirement, and potentially save on taxes, too.

A 401(k) account through your employer isn’t the only solution available to you to save for retirement. Our Individual Retirement Accounts (IRAs) let you choose from a variety of solutions to help you maximize your retirement savings and enjoy potential tax advantages and tax savings.

With an Advantis IRA you can:

  • Save for retirement with competitive interest rates
  • Choose the way you prefer to save with an IRA savings account, IRA certificate of deposit, or a combination of both
  • Grow your earnings tax-deferred until withdrawn
  • Get potential tax deductions on your Traditional IRA contributions
  • Potentially get distributions after retirement from your Roth IRA that are tax-free
  • Keep your funds secure – your deposits are federally insured by the National Credit Union Administration
  • Rollover funds from another qualifying plan to an Advantis IRA
  • See current IRA rates



Make your 2017 contributions by April 17th

Another benefit of IRAs you have choices when it comes to your contributions. If you make an IRA contribution before April 17th you can choose to apply it to 2017 or 2018, whatever works best for your particular situation.* Consider maxing out your IRA contributions to take full advantage of potential tax breaks available. You can contribute up to $5,500 to an IRA this year (or $6,500 if you are age 50 or older), potentially reducing your taxable income and helping you save on your overall tax bill. 

Let’s dig a little deeper.

Traditional IRA
Save for retirement with tax advantages. Traditional IRA earnings grow tax-deferred until you withdraw them, and contributions may be tax deductible. These tax advantages can come in handy if you expect to pay significantly lower taxes after you retire. You’re qualified to open this type of IRA and make contributions if you receive taxable compensation during the year, and you don’t turn 70 ½ years of age by the end of the year.

Roth IRA

Get flexibility and tax-free income in retirement. With a Roth IRA, you can withdraw regular contributions tax-free and without penalty at any time. Roth IRA earnings are tax-deferred and you pay no taxes on withdrawals if your account has been open for five tax years and you’re withdrawing for a qualified reason.

Education IRA

Invest in education the smart way. Education IRAs (also known as Coverdell ESAs) can enable you to save for secondary education expenses like tuition, fees, books, supplies, equipment, and in some cases, room and board. Unlike with 529 accounts, students can use ESA earnings to cover costs at most public, private, and parochial schools. These accounts also let you make nondeductible contributions that provide for potential tax-free withdrawals—including earnings down the road.*

Premium IRA

If you’ve got it, it pays to go Premium. If you have more than $25,000 to invest, consider Premium versions of our accounts. You’ll enjoy higher rates on Traditional IRAs, Roth IRAs, and Educational Savings Accounts, and our tiered rate structure lets you earn more as your balance increases.

IRA eBrochures

IRA Rates

See how Advantis helps you earn more and save more for your retirement:


Rates Effective 10/26/2017

Tier Annual Percentage Yield (APY)1
IRA Savings $0 - $2,499 0.05%

$2,500 - $24,999 0.10%

$25,000 - $49,999 0.20%

$50,000 or more 0.30%
Premium IRA Savings $0 - $2,499 0.00%

$2,500 - $24,999 0.05%

$25,000 - $49,999 0.60%

$50,000 or more 0.80%
1The APY may change after account opening. Minimum amount to open an IRA Savings or a Premium IRA Savings Account is $5. Transaction restrictions apply. IRA Plan closure fee may reduce earnings.

IRA Center

 Visit our online IRA Center to:

  • Open a new IRA or ESA account. Get started in minutes
  • Manage your account. Make an account contribution or withdrawal, or start converting from a Traditional to a Roth IRA
  • Get helpful retirement planning resources. Learn about available retirement products, set up a plan according to your life stage, and use helpful tools to run all the numbers

Rollover or transfer your retirement savings at another financial institution to an Advantis IRA.

Moving funds from another qualifying plan to an Advantis IRA is simple and may be processed as a transfer or rollover. Consult a professional tax advisor to help decide which option is best for you.

  • Direct Transfer – Funds are sent directly from another IRA to an Advantis IRA. Direct Transfers are not reported to the IRS.
  • Direct Rollover – Funds are distributed from a qualified retirement plan, such as a 401(k) or TSP*, and deposited into a comparable IRA plan. Direct Rollovers are reported to the IRS.
  • Indirect Rollover – Funds are distributed directly to you and must be deposited into an IRA account within 60 days to avoid being taxed. Indirect Rollovers are reported to the IRS.

Banks are for-profit. Advantis Credit Union is for you.

Our saving accounts get you closer to your goals, because we’ve got your back.

 Advantis is a not-for-profit financial cooperative, locally owned by our members. Which means instead of giving our earnings to corporate stockholders like banks do, we return them to our members in the form of better rates, lower fees, and more free services.

*You must designate if you want your contribution to apply for the prior tax year.
† The tax deduction for traditional IRA contributions may be phased out based on your modified adjusted gross income if you or your spouse actively participate in an employer-sponsored retirement plan. For all IRAs, contribution limits and other restrictions apply. The information on IRAs contained in this email and on our website is general in nature and is not intended as tax advice. Contact your tax advisor if you need guidance on selecting the best IRA option for you. Federally insured by NCUA.