We offer a variety of retirement accounts. Please be sure to consult your tax advisor to discuss which type of San Francisco Federal Credit Union IRA will best meet your financial goals.

Individual Retirement Account (IRA)
Earn tax-deferred dividends with this retirement account. We offer competitive rates on Traditional IRAs and Roth IRAs. With Roth IRAs, qualified distributions are tax-free. Dividends are calculated daily and paid monthly on these variable rate accounts – and while there’s no minimum to open one, a $500 minimum balance is required to earn dividends.

IRA Certificate
Enjoy all the benefits of our Traditional IRA or Roth IRA while locking in a higher fixed dividend rate. Your dividends will vary according to the term of your deposit, which can range from 12 to 60 months. To open your IRA Certificate, deposit a minimum of $1,000.

Coverdell Education Savings Account
This is a tax-deferred account that lets you save money for your child’s education expenses. Your savings may be applied to elementary or secondary school expenses, or to help cover the cost of a college education. When used for educational purposes, the earnings are tax-free. Qualified distributions are tax-free. You have the option to open a regular Coverdell Savings Account or Certificate.

NCUA (Federally) Insured
Your funds are safe with us. While banks are insured through the FDIC, Credit Unions are federally insured through the NCUA. As of April 1, 2006, the NCUA will cover retirement accounts up to $250,000. This is in addition to the $100,000 that the NCUA already covers for other types of accounts. Visit NCUA.gov for more information.