Individual Retirement Accounts (IRAs)
California Lithuanian Credit Union offers Traditional, ROTH, and SEP IRAs. For those interested in saving for education, we also offer Coverdell Education Savings Accounts (CESA). Each of these accounts comes with their own tax implications and eligibility requirements. Consult a tax advisor to determine which option best fits your situation.
Don’t let stock market volatility, high brokerage fees and other expenses eat away at your retirement savings. Move your IRA today. Transferring you retirement account to CLCU is simple. Please call and our staff will walk you through the transfer process.
IRA accounts are federally insured by the National Credit Union Administration (NCUA), a U.S. Government Agency, to at least $250,000 and backed by the full faith and credit of the United States Government. Retirement account insurance is separate and apart from insurance coverage on other credit union accounts.