Individual Retirement Accounts (IRAs) Are Now Insured to $250,000

Effective April 1, 2006, the National Credit Union Share Insurance Fund (NCUSIF) raised the ceiling for insurance coverage on individual retirement accounts (IRAs) and Keogh accounts from $100,000 to $250,000.

The increase in the IRA coverage is an important change to credit union Members, especially for those who are considering where to roll over funds from pension plans, 401(k) or other financial institutions.

To find out more read the NCUA Press Release.

If you have questions about our IRA accounts please call us at: (800) 479-7928, or visit an RCU branch.