Individual Retirement Accounts

Oak Cliff Christian Federal Credit Union offers two Individual Retirement Accounts (IRAs) to help you save for your retirement.

Traditional IRA

  • Tax-deferred savings¹
  • IRA investment available as IRA shares or certificate of deposit
  • Contributions of up to $5,500 allowed per year by individuals under age 50 and up to $6,500 allowed per year by individuals aged 50 and older
  • No service charges

Roth IRA

  • Tax-free savings¹
  • Roth IRA investments available as IRA shares or certificates of deposit
  • Contributions of up to $5,500 allowed per year by individuals under age 50 and up to $6,500 allowed per year by individuals aged 50 and older
  • Qualified withdrawals are tax-free
  • No service charges

IRA Comparison Chart

Please contact us if you have any questions about Savings Certificates.

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