• IRA Account FAQ

    • Are IRA accounts at Kitsap Credit Union federally insured?

      Yes! IRA accounts at Kitsap Credit Union are federally insured by the NCUA, giving you peace of mind that your retirement savings are safe and protected. Learn More

    • Are there any fees associated with an IRA?

      Fees may vary depending on the type of IRA and its terms. For the most up-to-date details on any potential fees, we recommend reaching out to Kitsap Credit Union. Our team is happy to help you understand your options and make the most of your retirement savings. Learn More

    • DRAFT: How can I withdraw from my IRA account?

      DRAFT:

      Please contact us to make an IRA withdrawal. Paperwork is required to compete any IRA transactions.

    • How can I open an IRA at Kitsap Credit Union?

      Opening an IRA at Kitsap Credit Union is easy! Simply visit a branch, and a friendly representative will guide you through the process, helping you choose the right IRA to match your retirement goals. We’re here to make saving for your future simple and stress-free. Learn More

    • How do I choose between a Traditional and a Roth IRA?

      A Traditional IRA may be a great choice if you expect to be in a lower tax bracket in retirement, allowing you to take advantage of tax-deferred growth now. A Roth IRA is ideal if you prefer to pay taxes upfront and enjoy tax-free withdrawals later. No matter your retirement goals, we’re here to help you find the best fit for your future. Learn More

    • What are the benefits of an IRA Certificate?

      IRA Certificates offer a stable and predictable return on your retirement savings. With a variety of term lengths to choose from and competitive dividends, they’re a secure way to grow your money while planning for the future with confidence. Learn More

    • What is a Roth IRA?

      A Roth IRA lets you save with after-tax contributions, meaning your money grows tax-free. When it’s time to retire, you can enjoy tax-free withdrawals—as long as you meet eligibility requirements. It’s a great way to invest in your future while keeping more of your savings when you need them most. Learn More

    • What is a Traditional IRA?

      A Traditional IRA helps you save for retirement with pre-tax contributions, which may be tax-deductible. Your savings grow tax-deferred, and you’ll pay taxes only when you withdraw funds in retirement. It’s a smart way to plan for your future while potentially lowering your taxable income today. Learn More

    • What is an IRA Certificate?

      An IRA Certificate combines the benefits of an IRA with the security of a certificate. It offers a predictable return with fixed terms ranging from months to years, helping you grow your retirement savings with confidence. It’s a steady, reliable way to plan for your future. Learn More

    • What is certificate laddering and how does it work?

      Certificate laddering is a smart savings strategy where you open multiple certificates with staggered maturity dates. This approach helps you maximize interest rates while ensuring you have regular access to some funds—giving you both growth and flexibility for your retirement savings. Learn More

    • What types of IRAs do you offer?

      Kitsap Credit Union offers both a Traditional and ROTH IRA.

      Grow your nest egg worry free with a retirement account designed with you in mind. Kitsap Credit Union IRAs are especially designed to help you with retirement, while protecting your funds from any losses due to the changing market.

      With a Kitsap Credit Union IRA, you benefit from:

      • Fast, local service
      • Low minimum opening balances
      • Opportunities for better earnings with IRA Certificates 

      Visit a Convenient Branch Location to open an IRA today!

    • What types of IRAs does Kitsap Credit Union offer?

      At Kitsap Credit Union, we’re here to help you plan for a brighter future. We offer Traditional IRAs, Roth IRAs, and IRA Certificates—each designed to help you save for retirement with confidence. Whether you’re looking for tax advantages now or in the future, we’ll guide you toward the best fit for your goals. Let’s build your financial future, together. Learn More