Individual Retirement Accounts (IRAs) | Security Service

Individual Retirement Accounts (IRAs) & Education Savings Accounts (ESAs)

Tax-Advantaged Savings for Retirement and College

Security Service IRAs and ESAs offer tax advantages that can enhance your individual retirement plan or help you achieve your goals for college savings.


With an IRA, the type of tax advantage you'll receive depends on the type of retirement account you choose. Security Service offers the two basic types of IRAs and one ESA.

Traditional IRA

If you...
  • Make tax deductible contributions now
  • Pay taxes on distributions later

Traditional IRA is for You​​


Roth IRA

If you...
  • Pay taxes on contributions up front by using after-tax dollars

Roth IRA is for You

Coverdell ESA
If you...
  • Save for education expenses
  • Pay taxes on distributions

Coverdell is for You​

How can I join the credit union?
Join when you call to open your IRA, or stop by a location in Texas, Colorado, or Utah.1​​

1Every member must open a share account (either a Security Service Basic Savings Account or a Youth Savings Account) with a $5 opening balance in order to join Security Service Federal Credit Union.