Individual Retirement Account (IRA)

Invest in your future

Each of LAPFCU's IRA share certificates¹ helps you save for what matters with a tax-advantage. An IRA share certificate enables you to reduce your current tax burden by not paying any tax money on your deposits until after you retire.

Restrictions may apply, so always be sure to consult your certified tax professional for complete details.

• $500 minimum deposit to open account
• Contribute up to $7,000 per year ($8,000 if over age 50)²
• Terms from six months to five years
• APY³ bonus with Member Benefits
• Traditional IRAs allow you to earn interest on pre-tax dollars
• All IRAs offer penalty-free withdrawal after age 59 ½
• You must be at least 18 years old to open an IRA with LAPFCU

Important Forms

• IRA - Beneficiary Designation 
• IRA - Traditional IRA Application 
• IRA - Traditional IRA Contribution and Investment Selection 
• IRA - Traditional IRA Contribution Eligibility 
• IRA - Traditional IRA Withdrawal Authorization 
• IRA - Roth IRA Application 
• IRA - Roth IRA Contribution and Investment Selection 
• IRA - Roth IRA Contribution Eligibility 
• IRA - Roth IRA Withdrawal Authorization 
• IRA - Required Minimum Distribution Scheduled Payment Election 

LAPFCU is a full-service credit union for sworn, civilian, and professional employees of police and sheriff's departments and their family members in Los Angeles, Orange, Riverside, San Bernardino and Ventura counties.