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Lufthansa Employee Federal Credit Union
           

Individual Retirement Account (IRA)

An excellent tool for retirement savings. Unlike most investments, depending on the type of IRA you choose, contributions may be tax deductible and will grow either tax-deferred or tax-free. A Coverdell Education Savings Account (ESA) (formerly Education IRA) is a great way for parents, grandparents, and others to help meet the rising costs of a students education. Learn more about IRAs

IRAs give you the following benefits:
  • Guaranteed interest. Unlike other retirement options (such as a 401Ks) IRAs are not subject to market fluctuations.
  • Competitive interest rates, that are credited to your account each quarter.
  • No annual fees or custodian fees
  • Minimum opening balance $20
  • Quarterly statements
  • Separately insured up to $250,000.00 by the National Credit Union Administration.
Open a new account today!


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