{"id":1565,"date":"2021-08-19T15:10:06","date_gmt":"2021-08-19T20:10:06","guid":{"rendered":"http:\/\/34.239.58.241\/statefarm\/?page_id=1565"},"modified":"2021-12-07T12:04:45","modified_gmt":"2021-12-07T18:04:45","slug":"ira-accounts","status":"publish","type":"page","link":"http:\/\/34.239.58.241\/statefarm\/savings\/ira-accounts\/","title":{"rendered":"IRA Accounts"},"content":{"rendered":"\n
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Traditional IRA Account<\/strong><\/p>\n\n\n\n

Contributions are typically tax deductible. Earnings on Traditional IRA Accounts are usually tax-deferred until withdrawn, but taxed at the time of withdrawal.  <\/p>\n\n\n\n

Roth IRA Account<\/strong><\/p>\n\n\n\n

Contributions are not tax deductible. Earnings on Roth IRA accounts are usually tax-deferred until withdrawn, and may be withdrawn without paying taxes for qualifying distributions.<\/p>\n\n\n\n

Call 1-888-521-5209 to begin the IRA Account application process.<\/p>\n<\/div><\/div>\n<\/div>\n\n\n\n

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Rates<\/h4>\n\n\n\n
Product<\/td>Dividend Rate<\/td>Annual Percentage Yield<\/td><\/tr>
Share Savings Accounts<\/td>0.90%<\/td>0.90%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Annual Percentage Yield is accurate as of November 1, 2021.<\/p>\n\n\n\n

Dividends are compounded DAILY and declared at the beginning of each month and are credited and posted on the last day of the month.<\/p>\n\n\n\n

Share rates are subject to change monthly (such change to be effective on the first day of each month) to reflect any changes as declared by the Board of Directors of the State Farm Credit Union during the month preceding any such change.<\/p>\n<\/div>\n\n\n\n

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Features & Benefits<\/strong><\/h4>\n\n\n\n