Premium IRAs


We’re excited to introduce our new Premium IRA accounts. Our new tiered-rate structure allows you to earn competitive dividends as your balance grows. We all have retirement dreams, whether it's traveling the world or spending time with the grand-kids. Turn those dreams into reality and start contributing to a Premium IRA. Premium IRAs offer tax-advantages* while growing your nest egg. Talk to an Inspire FCU representative about which account best suits your financial situation, and ensure your later years are financially secure.

Visit one of our conveniently located branches to open a Premium IRA account today!

Traditional IRA Features

  • Dividend earnings are tax deferred

  • Contributions can be tax deductible**

  • Must be under age 70.5 and have earned income to contribute**

  • Mandatory withdrawals at age 70.5

Roth IRA Features

  • Earnings and principal are 100% tax free upon withdrawal**

  • Contributions are not tax-deductible**

  • Income limits to open account

  • No mandatory distribution age

  • Principal contributions can be withdrawn without penalty**

Account Benefits

  • No Annual Fee

  • No minimum balance to open

  • Earn competitive dividends on balances in our tiered-rate structure

  • $25 minimum balance to earn disclosed dividend*

  • Funds can be used to purchase certificates

  • Additional $1,000 “catch-up” contribution allowed for ages 50+

  • Annual contribution limits

  • Early withdrawals subject to penalty**

  • Free E-Services

  • Free E-Statements

  • NCUA insured up to $250,000

Terms & Rates

Rates as high as 2.01% APY**

*Please visit our rates page for full disclosure and account terms and conditions.
**Consult with a tax advisor.