Traditional and Roth IRA CDs

An Individual Retirement Account (IRA) Certificate of Deposit (CD) enables you to save for retirement with tax-free growth or on a tax-deferred basis.

Traditional IRA CD
With a traditional IRA CD, your contributions are pre-tax (and may be deductible on your tax return) and any earnings aren’t taxed until you withdraw them in retirement.

Roth IRA CD
A Roth IRA CD enables you to invest money you’ve already paid taxes on and your money may potentially grow tax-free with tax-free withdrawals in retirement, provided certain conditions are met.

Retirement Calculator

Need help budgeting for retirement? Use the link below to determine how much you can contribute toward your retirement.

Click Here

For more information or to open an IRA CD, visit a City CU branch.