TopLine Retirement Accounts (IRAs)
Whether you’re saving for retirement or the kids’ college fund, a TopLine Financial Credit Union IRA can offer tax advantages and exceptional long-term growth. Whether choosing an IRA Money Market account or one of our IRA Share Certificates, you'll enjoy free 24/7 online and mobile account access, eStatements and more. TopLine offers Traditional, Roth and Coverdell Education Savings options to fit your future needs.
Your Accounts Are Federally Insured
All TopLine savings accounts, money markets and share certificates are federally insured up to at least $250,000, and IRAs are insured for an additional $250,000 by the National Credit Union Administration (NCUA). Several options are available for additional share insurance coverage in addition to the coverage available to their single ownership accounts, such as joint accounts, retirement accounts and trusts. Click here for more details. The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered.
Traditional IRAs
A TopLine Traditional IRA lets you save for retirement and defer taxes on contributions and earnings until you start making your IRA account withdrawals. Annual contribution limits vary according to age, regardless of income.
Coverdell Education Savings
Save for your kids’ college, elementary or secondary education expenses—from tuition to classroom supplies—with a TopLine Coverdell Account. Though not tax-deductible, contributions can be withdrawn tax-free and penalty-free.
Roth IRAs
Need more flexibility? While TopLine Roth IRA contributions are not tax-deductible, earnings can be withdrawn tax-free for qualifying purposes after five years. Annual contribution limits vary by age and income.
Talk to a TopLine Team Member
Disclaimer
All TopLine savings accounts, money markets and share certificates are federally insured up to at least $250,000, and IRAs are insured for an additional $250,000 by the National Credit Union Administration (NCUA).
Several options are available for additional share insurance coverage in addition to the coverage available to their single ownership accounts, such as joint accounts, retirement accounts and trusts.
Click here for more details. The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered.