Individual Retirement Accounts (IRAs)
An Individual Retirement Account, or an IRA, is a common type of retirement savings account with tax advantages. Many factors can affect your eligibility and annual contribution amounts, such as your marital status, your current earned income level, and whether you participate in a retirement plan at work. IRAs are a great tool to build your retirement savings at any time. Take advantage of the tax benefits available with an IRA and explore the many options available to you.
Interested In Opening An IRA?

Zachary Holly CFP®, CRPC®
Centralized Wealth Advisor
(602) 467- 4017
ZHolly@oneazcu.com
Zach has worked as a financial advisor for more than 10 years, focusing on retirement planning for credit union members at all life stages. He completed extensive training to earn the Chartered Retirement Planning Counselor (CRPC®) and Certified Financial Planning (CFP®) designations conferred by the College for Financial Planning.
"Without a road map, one can feel lost. I am here to make it easier and help you down the path towards your retirement goals."
Learn More: IRA Quick Facts
Account Descriptions
Eligibility To Contribute
Maximum Annual Contribution
Tax-Deductible Contributions
Taxation Of Earnings and Withdrawals
Roth IRA
Contributions (all are made after-tax) are always income tax-free. Earnings may be income tax-free if the account is held for 5 years and are withdrawn for a qualified reason. Withdrawal of earnings for nonqualified reasons may be taxed as ordinary income and subject to an early withdrawal penalty.
Withdrawal Penalties
Required Withdrawals