If you dream of a comfortable retirement, saving and making the most of your money is key. An Individual Retirement Account (IRA) is a great way to earn more and bring your retirement dreams to reality.
An IRA stands for Individual Retirement Account. Many people mistakenly confuse an IRA to mean a financial product not insured by the NCUA or the FDIC, this is not the case. An IRA is a special designation given to many financial products to provide for tax benefits to encourage saving for your retirement. You have the choice to designate a NCUA-insured Savings Account or Certificate of Deposit as an IRA, just as you have the option of having non-insured investments such as Stocks or Mutual Funds as an IRA. Southland offers three different types of IRAs — Traditional IRA, Roth IRA, and SEP IRA.
The following are IRA (Individual Retirement Accounts) available at Southland: Roth, Traditional, and SEP IRA Savings Accounts.
Whether you're saving for long term retirement, or you just need an account to rollover your retirement benefits, an IRA Savings from Southland is an easy and convenient option!
Certificate Accounts are a great way to invest and earn higher dividends over a set term. Maximize your money with a Term Share Certificate Account. When you open a Southland Certificate, the choice is yours! Select the amount to invest and the length of term to secure your investment on your terms.