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In observance of Christmas, our branches will be closed on Monday, December 24 and Tuesday, December 25, 2018. Learn how you can bank online! Learn how you can bank online!

What is it?

Enjoying your retirement will be a whole lot easier if you have the funds to retire. That’s where a Money One IRA comes in handy.

Enjoy tax-advantaged retirement savings that retain federal deposit insurance. The sooner you get started, the more secure your future. That’s why we make it easy to get started, with only $25 needed to open an IRA with Money One.

What are the Benefits?

  • Tax-advantaged retirement savings
  • Competitive dividends above standard savings rates
  • Traditional and Roth IRAs
  • No setup or maintenance fees
  • Easy IRA rollover plans
  • Deposit as tiered share or savings certificate
  • High contribution limit per year
  • Additional “catch-up” contribution allowed for ages 50+
  • $25 minimum deposit to open
  • Federally insured to $250,000 by NCUA

Check out our current rates.

Traditional IRA

  • No income limits to open
  • Contributions are tax deductible on state and federal income tax*
  • Earnings are tax deferred until withdrawal
  • Withdrawals can begin at age 59½
  • Early withdrawals subject to penalty**
  • Mandatory withdrawals at age 70½

Roth IRA

  • Adjusted gross income must be less than $135,000 (single) or $199,000 (married-filing-jointly) to contribute (as of 2018)
  • Contributions are NOT tax deductible
  • Earnings are 100% tax free at withdrawal
  • Principal contributions can be withdrawn without penalty*
  • Withdrawals on interest can begin at age 59½
  • Early withdrawals on interest subject to penalty**
  • No mandatory distribution age

Get in Touch

We look forward to speaking with you about retirement accounts!

  • For security reasons, please refrain from including: account numbers, social security numbers or other identification numbers within this online form. If you would like to send a message that references sensitive or specific account information, please send us a secure message. To do this, please log into Online Banking and click send us a Secure Message within the Services section.
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*Subject to some minimal conditions. Consult a tax advisor. **Certain exceptions apply, such as healthcare, purchasing first home, etc.

Call us (301) 925-4600

Monday-Friday 8:30am-4:30pm

or Contact Us online anytime