Home | Online Direct | Pay Direct | Dial Direct 800-451-3477
  Click to return to homepage.  
  savings and investments, checking, account access, and valued services a complete list of loan products for individuals and business partnerships accounts for children 0 to 13 and youth 14 to 22 contact information, history, news, and current events  
   
 

FAQ Menu

 

Investments

 

Q. What are the IRA investment rates?

A. Please check our Rates Chart for the most current interest rates.

Back to top

 

Q. How much money can I deposit into a Traditional IRA Account each year?

A. Contributions can be made up to $3000 or 100% of your earned income; whichever is less annually. Catch up contributions of $500 can be made by members age 50 and over for a total of $3500 annually.

Back to top

 

Q. How much money can I deposit into a Roth IRA Account each year?

A. Contributions can be made up to $3000 or 100% of your earned income; whichever is less annually. Catch up contributions of $500 can be made by members age 50 and over for a total of $3500 annually.

Back to top

 

Q. What is a Coverdell Education Savings Account (CESA)?

A. A Coverdell Education Savings Account allows you to easily save for a child’s education. The CESA is a tax favored investment tool that features tax free earnings and no earned income requirements. Contributions can be made up to $2000 annually for the benefit of a child’s education expenses.

Back to top

 
 

Frequently Asked Questions | Account Access | Personal Security | Career Opportunities | Links | Site Map | Search

 
 

Services | Loans | Membership | Youth | About Us | Espanol | Contact US | Directions | FAQ's | Hours & Locations

 
  This credit union is federally insured by the National Credit Union Administration, a U.S. Government Agency.  The Riverfront logo, Riverfront icons and proprietary content on this site are all Copyright © 2003 Riverfront Federal Credit Union All rights reserved. Privacy Statement | USA PATRIOT ACT | Web Site Disclaimer