Tucson Federal Credit Union
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IRAs

 

We offer two types of Individual Retirement Accounts:

  • Traditional or Regular IRAs allow for qualified contributions to be deducted from your federal income taxes. Your balance and earnings are taxed when you withdrawal your funds for any reason.*
  • Roth IRAs do not allow you to deduct any IRA contributions from your federal income taxes. However, you are allowed tax-free withdrawal under certain circumstances.*

 

*See your tax advisor for details.

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