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Security Service Traditional Individual Retirement Account (IRA)

​A Traditional IRA might be a good choice for someone who expects to be in a lower income tax bracket in retirement, since taxes will be deducted at the time of distribution, rather than at the time of contribution.

​Traditional IRA

How to Apply

Apply at a Security Service Federal Credit Union location near you or apply 24/7 by calling 1.800.451.2543.

Building your retirement savings with a Traditional IRA means you may not pay any taxes until you take distributions. Your contributions are also tax-deductible up to certain income limitations.

You may make contributions up to the age of 70½ and each tax year you can continue to make contributions through April 15th. You may begin to take penalty-free distributions at the age of 59½.


Mem​ber Reviews
 

New for 2015 - IRS Announces IRA Rollover Rule Change

The new rule, effective January 1, 2015, allows IRA owners to make only one rollover from an IRA to another (or the same) in a 12-month period, regardless of the number of IRAs owned. Previously, IRA owners were allowed one rollover per 12-month period for each IRA owned.

  • Trustee-to-trustee transfers between IRAs are not limited
  • Rollovers from traditional to Roth IRAs ("conversions") are not limited

For more information, visit irs.gov or speak with a tax advisor.


Already have an IRA?

If you need to make a change or transfer an IRA, click on the appropriate form below.


Not a Security Service Member?
There are thousands of ways to qualify for membership. Find out if you qualify in the first step of the application or stop by one of Security Service's branches in Colorado, Texas, and Utah.

Must meet membership requirements and must open and maintain a Security Service Savings account (either a Security Service Basic Savings Account or a Youth Savings Account) with a $5 balance.