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An Individual Retirement Account* (IRA) is an excellent tool for retirement savings. Unlike most investments, depending on the type of IRA you choose, contributions may be tax deductible and will grow either tax-deferred or tax-free. Land of Lincoln Credit Union offers both Traditional IRA's and Roth IRA's.
*All savings accounts are insured to $350,000 and all IRA's are insured up to $500,000. That is a combined total of $850,000 if both types of accounts are maintained at Land of Lincoln Credit Union. This insurance is provided through the NCUA (National Credit Union Administration), an agency of the Federal Government, and through ESI (Excess Share Insurance), a wholly owned subsidiary of American Share Insurance and is provided absolutely free by this credit union. Click here for more detailed information.
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