See what works best for you.
You do not need an employer to start an IRA—you can open one at Everest Federal Credit Union whenever you are ready to save for retirement.
CDs
Certificate of Deposit (CD) account offers guaranteed rates with short- or long-term options.
- Earn 5 % APY—choose a 6-month CD for flexibility or up to 48-month CD for longer growth.
- Choose from 6 months, 12 months, 36 months or 48 month terms.
- Steady growth. Safe, reliable returns.
Traditional IRA
Pay taxes only when you withdraw in retirement.
- You pay no tax on the money you put in.
- Must take yearly withdrawals in retirement.
- Anyone who earns wages can open one.
Roth IRA
Pay tax now, grow and withdraw tax‑free later.
- You pay tax on the money you put in.
- You can let the money grow for as long as you wish.
- You can open only if your income stays below a set limit
Save for Retirement with IRA.
An Individual Retirement Account (IRA) is an account you open to save money for when you are older and stop working. Because it is for retirement, the government gives you a tax break: you pay less tax now or you pay no tax later, depending on the kind of IRA you choose. The money you put in can earn interest, so it grows faster than in a normal savings account.
Earn high interest with CDs.
A Certificate of Deposit (CD) at Everest FCU is a fixed‑deposit savings account: you lock in your money for a chosen term—6 months, 28 months, or longer—and earn a guaranteed rate (up to 5.00 % APY today). Funds are federally insured up to $250 k, and you receive your original deposit plus interest at maturity; early withdrawals incur a small penalty.