SAVE FOR YOUR FUTURE

Leverage a Vermont Federal IRA Account to help you save for retirement, higher-education expenses, or your first house. With three great programs, you can be confident that we have the right account for you.

IRA Certificate Rates

Available Terms

0.10%

Annual Percentage Yield*

: 0.10%

Annual Percentage Yield*
: 2.50%

Annual Percentage Yield
: 3.75%

Annual Percentage Yield - Limited Time Offer
: 2.65%

Annual Percentage Yield
: 2.75%

Annual Percentage Yield
: 4.07%

Annual Percentage Yield - Limited Time Offer
: 2.95%

Annual Percentage Yield
: 3.15%

Annual Percentage Yield
: 3.25%

Annual Percentage Yield
: 3.50%

Annual Percentage Yield

Which IRA Option is right for you?

Vermont Federal Credit Union does not provide tax advice. Please consult a tax advisor if considering an IRA Account.

I want to save tax deferred until retirement.

A traditional IRA allows contributions that are tax deductible (within the IRS limits), and grows tax deferred until you withdraw the funds.

I want to withdraw my funds tax-free during retirement.

Roth IRAs are not tax-deductible, but your investment will grow free of taxes and you will be able to withdraw the money tax-free during retirement.

I want to save for my child’s education.

A Coverdell Education Savings Account is a tax-deferred trust account that was implemented by the U.S. government to help families in funding educational expenses for beneficiaries 18 years old or younger. Exceptions for the age restrictions are made for children with special needs.

*All Rates on this page are subject to change at any time without notice. Early withdrawal penalty will apply. Fees could reduce earnings on the account. $5 minimum balance required on certificates. Must be a member to open an IRA account, $5 share deposit required for membership. Rates are the same for certificates in Traditional & Roth IRAs. Ask a Member Service Representative for further information about fees & terms applicable to the advertised accounts.
**Flex Certificate is listed for rate information only; not available as a new certificate. Rate will be applied only to existing Flex Certificates using one-time option to increase rate during the term. The new rate will be applied for the remainder of the term. Automatic roll-over at maturity to 18 month CD at the current rate.
^Rate is tied to the Prime Rate as published in the Wall Street Journal. Prime Rate minus 3.50%. Updated monthly on the first day of the month.

A traditional IRA allows contributions that are tax deductible (within the IRS limits), and grows tax deferred until you withdraw the funds.

Who can contribute?

Anyone who has earned income (or who is filing jointly with a spouse who earns compensation)
If you have received a distribution from a qualified retirement plan and decide to rollover the proceeds of that plan into an IRA

How much?

2024: