Scheduled System Maintenance
Due to daylight savings time, we will be conducting system maintenance on Sunday, 3/9, from 3 AM to 11 AM. During this time, online and mobile banking may be unavailable, and debit cards will be in offline mode, which may impact spending limits. We apologize for any inconvenience this may cause and appreciate your patience. Thank you!
Retirement Savings
PSCU’s Retirement Savings
Individual Retirement Accounts are ideal when you want to save for retirement. There are three types of IRAs—Traditional, Roth, and Rollover—each with different tax saving advantages.
No monthly fee
Federally insured by the NCUA
Flexible deposits throughout the year
Traditional IRA
Traditional IRA’s offer tax-deferred earnings and the possibility for tax-deductible contributions to encourage saving for retirement.
Funds federally insured for $250,000 through NCUA
Roth IRA
Roth IRA are not tax deductible, earnings can be withdrawn tax-free, along with the money you contribute to the Roth IRA
Coverdell IRA
A Coverdell ESA is an Educational IRA designed to help you pay for your child’s educational expenses. Although your contributions aren’t tax deductible, this IRA offers you the potential for tax-free withdrawals, including earnings.