IMPORTANT: Our traditional Telephone Banking service is being discontinued on Thursday, May 1st, but don’t worry! We’re excited to introduce Sharon, your new virtual assistant. Sharon offers the same great service as Telephone Banking, available 24/7, with voice navigation instead of touch. Call 877-661-3300 or click here for more information.

Online Banking

ONLINE BANKING LOGIN
SCU Credit Union Go to main content
SHARE THIS:
Facebook Twitter Print

What is a Roth IRA?

A Roth IRA is an individual retirement account created by the Taxpayer Relief Act of 1997. Roth IRA accounts are traditionally used as retirement savings accounts. They allow limited contributions to be made throughout the tax year and can be withdrawn within 5 years after establishing the account provided you are aged 59 1/2 or older.

This answer has been viewed 3495 times.



Related Questions