Individual Retirement Accounts (IRAs)

Two men sitting at a table with a child watching her draw.























The years go rolling by. Let time work for you.


The secret to good retirement planning? It's no secret at all. Start saving as early as possible. Build up a big nest egg. And then - when you leave the workforce - use that money to make the most of your golden years. Individual Retirement Accounts (IRAs) from KEMBA Financial Credit Union, your local central Ohio credit union, can jump-start your retirement savings efforts with solid earnings and tax benefits.
  • Contribute up to $6,000 per year ($7,000 if over age 50)
  • Choose Traditional or Roth IRAs
  • Low fees and high returns
  • Flexible investment options
  • With a Traditional IRA, you may be able to take an income tax each year you make a contribution
  • All Qualified Roth IRA withdrawals are tax-free
  • Turn your 401(k)s and other retirement savings funds into IRAs
  • Consult our expert guides to see how an IRA can work for you.

Consult your tax advisor for tax advice.






















Open an IRA with KEMBA

Step 1 icon
The first step is figuring out what type of IRA you want to open, a traditional IRA or Roth IRA.
  • A traditional IRA is a pre-tax investment account
  • A Roth IRA is a post-tax investment account which allows you to grow your money but is not taxable when you withdraw your funds
Step 2 icon
Step two is deciding how you will fund your new IRA. You can start with a lump sum or by rolling over an existing IRA into your new account.
Step 3 icon
The last step? Schedule an appointment today to learn more about IRAs from KEMBA and open an account.




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At KEMBA Financial Credit Union, we offer personal banking solutions for Central Ohio residents, as well as a full suite of personal banking products and services with low fees, competitive rates on credit cards, home mortgages and home equity loans, auto loans, personal and student loans, and financial wellness and counseling services.

To learn more, call us at 614.235.2395, option 4, or visit one of our local branches in Pickerington, Gahanna, Bellefontaine, Clintonville, Grove City, Hamilton Quarter, Hilliard, Lewis Center, Powell, Reynoldsburg, Westerville or Whitehall. Our dedicated associates will help you navigate your individual financial situation and help you discover why KEMBA is a better way to bank.
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