You know you should have an emergency fund, but every year it seems more difficult to find enough cash to set aside.
Now you can open a Roth IRA at STCU as your emergency fund.
The flexibility of the Roth -- combined with the security of STCU deposits -- makes this an intriguing option for many members. You can save for retirement without losing access to your contributions in case of an emergency.
It takes just $500 to open a Roth certificate (no minimum for a Roth savings account). And most people with earned income are eligible, regardless of age.
Sock away up to $4,000 per year into your STCU Roth, where you’ll earn dividends tax free and your account is insured up to $250,000 by the National Credit Union Administration, a federal agency.
Access your regular STCU Roth contributions at any time without penalty or taxes. We don’t recommend raiding your retirement account, but your regular contributions -- not earnings -- are available to you in an emergency when you need it.*
Don’t put it off any longer. Open a Roth IRA at Spokane Teachers!
For more information, visit any of our convenient branch locations. Or, in Washington call us at (509) 326-1954; in Idaho at (208) 619-4000; or toll-free at (800) 858-3750.
