IRAs – Traditional & Roth IRA
Super-size your future savings.
There’s more than one way to prepare for retirement
Individual Retirement Accounts (IRAs) can give you greater financial stability. With tax-advantage options for every life stage, they help pave the way to a comfortable retirement.
Benefits
Our Traditional and Roth IRAs are popular amongst many of our members. Here’s why they choose EastRise:
Tax advantages
Enjoy tax-deferred growth1 or tax-free withdrawals, helping you maximize your retirement savings.
Flexible contributions
Contribute at your own pace and adjust your savings plan as your financial situation changes, making it easier to meet your goals.
Secure your future
Our IRAs offer a range of investment options, allowing you to build a diverse portfolio that aligns with your long-term financial strategy.
Your options at a glance
Ideal if…
Ideal if…
Tax advantages
Tax advantages
Distributions
Distributions
Rollovers
Rollovers
Contribution limits
Contribution limits
Traditional IRA
Ideal if…
You want to make contributions that may be tax-deductible and dividends that are tax-deferred
Tax advantages
Contributions you make to Traditional IRAs offered by EastRise may be tax deductible. Taxes on earnings may be deferred until retirement.
Distributions
Distributions are required when you reach retirement age
Rollovers
You can roll an employee-sponsored retirement plan into your IRA
Contribution limits
Contribution limits are updated annually
Roth IRA
Ideal if…
You are younger and expect to be in a higher tax bracket when you retire
Tax advantages
Contributions are not tax-deductible but could be eligible for tax credit under certain circumstances
Distributions
Early qualified distributions from your EastRise Roth IRA are allowed
Minimum distributions are not required when you reach retirement age
Rollovers
You can roll an employee-sponsored retirement plan into your IRA
Contribution limits
Contribution limits are updated annually.