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Money Market Accounts
A Money Market Account pays more than a regular share account without limiting access to your funds as a certificate does. You may make additional deposits any time you choose, and write checks on that account. Our tiered dividend structure rewards higher balances with higher yield rates.
Looking for a way to invest your money on your terms? Consider our Certificate Accounts. With flexible terms from 3 to 60 months and opening balance as low as $500, you'll earn higher yields and have the peace of mind only federal deposit insurance can provide.
Make Certificates a smart part of your investments today.
Individual Retirement Accounts (IRAs)
Open and contribute to an IRA to help ensure that your retirement is as rewarding as you hope it will be. We offer both Traditional and Roth IRAs, each with its own possible tax benefits. Consult your tax advisor to determine which is best for you. Your IRA at SWFCU earns competitive yields while enjoying the protection of federal deposit insurance up to $250,000. This coverage is separate from and in addition to coverage on your regular savings accounts.
Traditional IRA
Offers a possible tax break during your working years. Your annual contribution may be deductible, depending on your income. You’ll pay taxes on your withdrawals at retirement, when you’re likely to be in a lower tax bracket.
Roth IRA
Although your annual contributions are not deductible, your withdrawals at retirement could be tax-free, and your earnings will never be taxed. There is no minimum age at which you must begin making withdrawals, so your Roth IRA can continue to grow tax-free as long as you wish. |
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