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Individual Retirement Accounts (IRAs)

Whatever your goals may be, an IRA from Cornerstone Community Financial can help you ensure financial security for your golden years.

Both traditional and Roth IRAs offer a variety of tax advantages, depending on your current and future needs. Compare them and consult with your tax advisor to find the option right for you.


  • Tax-advantaged retirement savings*
  • Competitive dividends above standard savings rates
  • Traditional and Roth IRAs available
  • No setup fees
  • No monthly or annual maintenance fees
  • Contribute up to $5,500 per tax year
  • Additional $1,000 "catch-up" contribution allowed for ages 50+
  • Federally insured by NCUA

Traditional IRA

  • No minimum contribution per year
  • Contributions may be tax deductible*
  • Earnings are tax deferred until withdrawal
  • Early withdrawals are subject to penalty*
  • Penalty free withdrawals can begin at age 59½
  • Mandatory withdrawals at age 70½

Roth IRA

  • Contributions are NOT tax deductible
  • Earnings are tax deferred*
  • Contributions can be withdrawn without tax or tax penalty
  • Early withdrawals are subject to income tax and possible tax penalty*
  • No mandatory distribution age
  • Qualifying withdrawals are tax-free*
*Consult a tax advisor.