Redstone Brokerage Services

IRA Investment Options

Individual Retirement Accounts (IRAs) offer more opportunities for investing your retirement money. Call today to set up a free consultation with one of our Financial Consultants.

Traditional IRA

  • Contributions may be tax deductible (check with your tax advisor). Contribution limits may apply.
  • Earnings are tax-deferred until withdrawn. Withdrawals prior to age 59 may result in a 10% IRS penalty tax.
  • Available to those under 70 ½ with earned income. Required minimum distributions must be taken once you reach age 70 ½.

Roth IRA

  • Contributions are not tax deductible
  • Earnings are tax-deferred until withdrawn. Withdrawals from the account may be tax free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 may result in a 10% IRS penalty tax.
  • You may be able to contribute to a Roth IRA for yourself or your spouse if you have earned income. Limitations may apply dependent on income level and filing status.

 

Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.

Future tax laws can change at any time and may impact the benefits of Roth IRAs. Their tax treatment may change.

Must be RFCU® member to obtain investment products. Must be eligible for membership and open a share savings account in order to join. A $5.00 minimum balance is required to open and must be maintained in share savings account at all times. Fees and other restrictions may apply.

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Redstone Federal Credit Union® deposits and are not NCUA insured. These products are not obligations of Redstone Federal Credit Union and are not endorsed, recommended, or guaranteed by Redstone Federal Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible. The investment products are being offered by a dual employee of Redstone Federal Credit Union who also sells products for LPL Financial.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: Alabama and Tennessee. Redstone Federal Credit Union and Redstone Brokerage Services are not registered broker/dealers and are not affiliated with LPL Financial and are separate entities. Redstone Federal Credit Union and Redstone Brokerage Services are affiliated but are separate entities. RFCU does not warrant, guarantee, or insure any product or service offered by LPL or Redstone Brokerage Services. Redstone Brokerage Services and RFCU do not provide tax advice. Please consult your tax advisor for your specific questions.

Get a Free, No Obligation Investment Review Today!

Redstone Brokerage Services offers a free, no obligation consultation for all Redstone Federal Credit Union® members. Make your appointment today by calling 800-234-1234 ext 8351 Monday through Friday, 9 am to 5 pm.

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Open a checking account and you can start enjoying MemberPlus! benefits like lower rates on loans, higher rates on share accounts and discounted fees. Take a look at the benefits of our checking accounts today!

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