Individual Retirement Accounts (IRA)

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Planning for retirement starts with smart saving options. At Dade County Federal Credit Union, we offer two types of IRA accounts designed to help you grow your savings while enjoying the tax advantages of an IRA. Whether you want more flexibility or a locked-in rate, we’ve got an option for you.

IRA Share Account

An IRA Share is like a savings account within your retirement plan. It earns a variable rate and gives you the flexibility to move money in and out (subject to IRS rules). This is a great choice if you want to make ongoing contributions and maintain easy access to your funds.

Benefits of an IRA Share Account:

  • Variable dividend rate
  • More flexibility for deposits and withdrawals (per IRS guidelines)
  • Easy way to start building retirement savings

IRA Share Account Rates

Share Savings** & IRA Shares***

Rates effective as of June 13, 2025

Range Rate APY*
$100 - $499.99 0.05% 0.05%
$500 - $4,999.99 0.05% 0.05%
$5,000 – $49,999.99 0.10% 0.10%
$50,000 and over 0.15% 0.15%

** Minimum of $5.00 required to open (Share Savings) account.

*** Minimum of $50.00 required to open (IRA Share) account.

IRA Share Certificate

An IRA Share Certificate works just like our regular Share Certificates (CDs), but inside your IRA. You choose a term, lock in a rate, and watch your retirement savings grow. Early withdrawals may face penalties, but your funds stay under the IRA umbrella, so you keep all the tax advantages.

Benefits of an IRA Share Certificate:

  • Fixed rate for a set term
  • Higher earnings potential than a variable-rate account
  • Keeps funds in your IRA for tax benefits

Which option is right for you?

  • Choose an IRA Share Account if you want flexibility and plan to make regular contributions.
  • Choose an IRA Share Certificate if you want a guaranteed rate for a set term and don’t anticipate needing early access.

IRA Share Certificate Rates

Share IRA Certificates

Rates effective as of June 13, 2025

Range Rate APY*
12 month 2.88% 2.92%
24 month 3.03% 3.07%
36 month 2.52% 2.55%

Minimum of $500 required to open account. All terms are subject to early withdrawal penalty and or fees which may reduce earnings.

Rates are subject to change. Please check with your local branch for more details (fees or penalties may apply).