Informational :  Partners 1st FCU branches & offices will be closed on Monday, January 18 in observance of Martin Luther King, Jr. Day. We will reopen on Tuesday, January 19.

In today's uncertain investment environment, Partners 1st offers IRA accounts that provide the security and flexibility many are looking for. Partners 1st offers plans with no commission charges or maintenance fees. You may contribute any amount by payroll deduction, or you may deposit funds whenever available.

Partners 1st offers three types of Individual Retirement Accounts:

Traditional IRA

Traditional IRAs are very popular. The appeal comes from their tax-deferred status, as well as the fact that most people with compensation qualify. You may be able to deduct part, or all, of your annual contribution on your tax return*. Additionally, you pay no federal taxes on earnings until you take withdrawals. You can even open an IRA for your nonworking spouse.*

Roth IRA

Roth IRAs are a popular alternative to the traditional IRA. In contrast to the traditional IRA, the Roth IRA does have income restrictions.* Plus, all Roth IRA contributions are with after-tax dollars.

Coverdell IRA

This IRA option is chosen to help pay for your child’s higher education. All contributions are made with after-tax dollars, but withdrawals are tax and penalty-free for qualified education expenses.

Visit your nearest Partners 1st office for more details, investment options and plans. All deposits federally insured up to at least $250,000 and backed by the full faith and credit of the United States government.


*Partners 1st is not a tax consultant, therefore all questions concerning deductibility or tax liability should be directed to the IRS or your tax advisor.