You are in: Personal / Savings and CDs / Individual Retirement Accounts


Individual Retirement Accounts

Start an IRA savings account to help you reach your goals

Whether you're saving weekly or have a lump sum annual contribution, Metro Credit Union in Massachusetts offers a wide range of IRA accounts to meet your needs.

Metro IRA Accumulator Account

Metro's IRA Accumulator makes saving easy with weekly, bi-weekly or monthly contributions to your IRA Account. This convenient method spreads your IRA contribution over the entire year, helping you to save regularly. This is a great way to save up to $5,000 each year for your retirement.

Traditional IRA Account

A Traditional IRA is a powerful tool in creating a balanced, long-term savings plan that will help provide safety and security for you and your family for years to come. Contributions may be deducted from your taxable income, reducing the income taxes you pay now.

Choose a Traditional IRA Account if you want the tax deduction right now. It also makes sense if you anticipate paying taxes at a significantly lower rate in retirement.

Learn more about Traditional IRA Accounts

Roth IRA Account

A Roth IRA offers members an easy and safe way to plan for the future. Your contributions are not tax-deductible but the earnings within the IRA are tax-free as long as your funds have been in the account for at least five years and you are either over age 59½, disabled, or buying your first home.

Choose a Roth IRA if you don't need the tax break right now. It's a more flexible investment because you can withdraw regular contributions at any time, tax-free and penalty-free. Plus, there's no mandatory distribution at age 70½.

Learn more about Roth IRA Accounts 


Coverdell Education Savings Account

Start planning your child's future today!

The purpose of this account is to provide a tax advantage savings account for education expenses. The plan allows after-tax contributions of $2,000 per year for each child until they reach the age of 18.

These contributions and their subsequent earnings are tax free when withdrawn to pay for qualified education expenses including, tuition, fees, books, supplies, and equipment. 

Learn more about Coverdell Education Savings Accounts

For more information, call 877-MY-METRO or click here to be contacted by a representative.

Open Now