IRA's
A Money Market IRA from Consumers is a smart way to build your retirement nest egg. The account can be opened with a small deposit, and added to by direct deposit. Dividends compound monthly and are tax-deferred until withdrawal. Once you’ve accumulated $1,000, you can move the investment to a CD IRA.
CD IRAs earn great rates with just a $1,000 opening deposit. Terms range from 6 to 60 months. Funds in your Consumers Money Market or CD IRA are federally insured up to $250,000 (and $500,000 for joint accounts). Important tax benefits may be available with your IRA. See your tax advisor for details.
Other programs include the Roth and Educational IRA’s.
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