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IRA Certificates

Start saving today for a worry-free tomorrow.

Overview

Retiring comfortably takes considerable savings and planning. The good news is that there are plenty of things you can do to prepare. An individual retirement account (IRA) Share Certificate allows you to save money and earn higher returns while minimizing risk. You’ll be able to sit back, relax, and enjoy your retirement instead of worrying about your finances.

IRA CERTIFICATE BENEFITS

TAX BENEFITS

Reduce how much tax you owe by contributing regularly to your credit union IRA.

LOW MINIMUMS

Open an account and start saving with low minimum deposits.

FIXED RATES

Save more by earning higher returns with guaranteed fixed interest rates.

COMPETITIVE RATES

Earn better returns on your IRA savings account through more competitive rates than those offered at other institutions.

FLEXIBLE TERMS

Pick from various certificate terms to meet your savings goals from 6 to 60-months.

FEDERALLY-INSURED

Keep your money safe with government-backed account insurance of up to $250,000.

MORE DETAILS ABOUT IRA CERTIFICATES

Our IRA Certificates offer fixed rates, flexible terms, and tax-deferred growth to help you build savings for retirement.

Features include:

LOCK-IN RATES

No matter how long your term, your rates won’t change. Earn high, guaranteed dividends over the certificate’s lifetime.

FLEXIBLE TERMS

Choose a term from 6 to 60 months that best suits your needs. Opt for a longer timeframe to lock in current rates.

EARN HIGHER DIVIDENDS

Put your money to work and save more for retirement. Enjoy higher dividends compared to most other savings account options.

CONTRIBUTION LIMITS

The IRS dictates the maximum amount you can contribute to all of your IRAs in a year. For 2023, the limit is $6,500 per year for individuals under 50 and $7,500 for those aged 50 or above.

In 2024, you will be able to contribute $7,000 if you’re under age 50 and $8,000 if you are 50 or older.

WITHDRAWAL FEATURES

You can access your funds once the IRA Certificate reaches the maturity date. Anyone age 73 or older can withdraw funds without penalties to meet the required minimum distributions. Otherwise, early withdrawal penalties may apply.

OPEN AN IRA CERTIFICATE

As high as APY

INTRODUCTION TO IRA CERTIFICATE CALCULATOR

See how an IRA Certificate can grow your savings to meet your retirement goals. Use our calculator below to estimate your future balance based on current age, annual deposits, and more.

Final Balance

Contributions:     |    Earnings: 
Initial Deposit
$
Dividend Rate
%
$
Months
6
60

OPEN AN IRA CERTIFICATE IN THREE SIMPLE STEPS

  • 1

    APPLY

    New and existing Fibre Federal Credit Union members can click below or visit any location.

  • 2

    SELECT YOUR TERM

    Choose a term between six months and five years that meets your savings goals.

  • 3

    FUND AND SAVE!

    Make deposits to watch your nest egg grow over time!

Irene's service is 5 stars every time! She is always easy to get a hold of, and is able to answer any and all of my questions. She is always a go-to person. I cannot say enough about how well she treats her members.

— Caley M. Longview, WA.

WHY CHOOSE FIBRE FEDERAL?

We aim to serve the best interests of our members instead of outside shareholders. You’ll enjoy competitive rates, lower fees, and personalized service.

Anyone who lives, works, worships, conducts regular business, or attends school in select Washington and Oregon counties can become a member. The same goes for the families and households of existing members. Local businesses can join as well.

Take advantage of our full suite of financial products and services with member-friendly features. Whether you’re interested in savings accounts, loans, or other offerings, we aim to help you achieve your financial goals.

IRA CERTIFICATES FAQs

  • An IRA Certificate allows your savings to grow tax-deferred. You don’t pay taxes on the interest earned until you withdraw the funds in retirement. This feature can boost your returns compared to other taxable savings accounts. Consult with your tax advisor for personalized advice.

  • You can contribute earned income up to the annual IRA limits set by the IRS. Income limits only affect whether contributions are tax-deductible. Check with your financial advisor regarding deductibility.

  • IRA Certificates can offer higher returns than savings accounts. They also have less risk than mutual funds. Consider your risk tolerance and time horizon when choosing investments.

  • Annual Percentage Yields show the annual return earned on an IRA account. IRA Certificates tend to offer higher APYs than other types of savings accounts like money markets or CDs. A higher APY potentially allows your retirement savings to grow faster.

IRA Certificates

RETIRE WITH PEACE OF MIND

Open an IRA Certificate and enjoy predictable growth without worrying about market dips.

MORE WAYS TO SAVE

SAVINGS ACCOUNTS

Build your savings on your terms with accounts offering flexibility and great rates.

Learn More

MONEY MARKET ACCOUNTS

Grow your money faster with high-interest rates that increase as your balance grows.

Learn More

CERTIFICATES

Lock in competitive interest rates with fixed-term certificates tailored to your savings goals.

Learn More
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