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