Retirement Accounts

Make sure your golden years stay golden: start saving today.

Enjoy time with the grandkids at home or set sail to exotic lands. Whatever you envision for your retirement, make it possible by preparing today. There are no setup or monthly fees, just competitive dividends to give your balance a lift. The future is at your feet with an IRA from Del-One FCU.

Visit any branch location throughout Delaware to open an IRA retirement account today!

✔ Competitive dividends above standard savings rates

✔ Traditional and Roth IRA options

✔ No setup fees

✔ No monthly or annual maintenance fees

✔ Annual contribution limit is $6,000, or $7,000 for ages 50+

✔ Funds can be used to purchase certificates within IRA

✔ No minimum deposit to open

View Our Current Rates

Traditional or Roth: Which One Is for You?

There are advantages to both traditional and Roth IRAs. One of the biggest differences is the time at which you see the most advantage. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at the time of retirement.

TRADITIONAL IRA	ROTH IRA
If deductible*, contributions reduce taxable income	Contributions are not tax deductible and will not reduce taxable income
No income limits to contribute	Income limits to be eligible to contribute to Roth IRA***
Early withdrawals subject to penalty**	Contributions can be withdrawn at any time without taxes or penalties
Withdrawals are taxed as normal income***	Early withdrawals on interest subject to penalty**
Pay no tax on earnings until they are withdrawn	Qualified withdrawals in retirement (including earnings) are tax-free*
Mandatory withdrawals (RMDs) begin at age 72	No mandatory withdrawal age

*Subject to some minimal conditions. Consult a tax advisor.
**Certain exceptions apply, such as healthcare, purchasing first home, etc.
***Consult a tax advisor.