Individual Retirement Accounts

Planning for retirement now is the best way to enjoy retirement later!

Statistics show that only one out of ten Americans are saving enough for retirement. An Individual Retirement Account (IRA) is an excellent way to save for your retirement years. One reason is that the income tax on your IRA earnings is deferred until you begin making withdrawals. Another reason is that you could possibly qualify for a full or partial tax-deduction of your IRA contributions (we encourage you to seek professional tax advices).

United Energy has a variety of IRA products to help you plan for retirement. With options including the Traditional IRA, Roth IRA, or even the Coverdell Education Savings Accounts, we have the flexibility to fit your future needs. So, if you don’t already have an Individual Retirement Account, come by one of our branch locations to start one today!

  • Open an IRA with just a $25 deposit

  • Deposit accounts are insured up to $250,000 by the National Credit Union Administration

  • Dividends are paid quarterly

  • You can add to your IRA through payroll deductions up to the annual contribution limit

  • Funds are not locked into a Certificate of Deposit

Simply dreaming of retirement isn’t enough. Dreams come true when a carefully crafted financial plan is executed with precision. Having enough money to afford retirement can seem daunting but it does not have to be. Stop dreaming of retirement. The earlier you start saving, the better. An individual retirement account is a sound and wise investment. Your savings will compound interest over time and your nest egg will grow exponentially larger! Contact us today.  

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