I.R.A.

Advantage has an IRA solution to meet your special needs.

Social Security and pension income may only provide about half of the income you will need for retirement.
IRAs are an ideal way to save for retirement. Advantage offers flexible plans with no maintenance fees or commissions. Your savings are federally insured and your balances will not be subject to losses from fluctuations in market value.   

Advantage has a systematic way for you to save throughout the year so you don't have to come up with $2,000 at one time.

Here's an easy way to save for retirement. Pay yourself each payday with a convenient, automatic deposit into your personal Variable Rate IRA Savings Account at Advantage. Because of your long-term commitment to retirement savings, your Variable Rate IRA Account pays an even higher interest rate than either Money Maker or Share Savings.

Advantage also offers IRA certificates. You can transfer funds from your IRA Savings Account to an IRA certificate at any time without penalties or fees. 

Don't delay any longer. Save for your future each payday. Call us today at 585. 454.5900, ext 5, or Toll Free at 1.888.454.AFCU. 

If your retirement is far away, the sooner you start saving, the better!

You can actually contribute less money to your Individual Retirement Account (IRA) and end up with more savings than if you wait until you're older. This is the power of tax-deferred compounding. In the example below, Amy contributes half of what Bill contributes. But, because she started earlier, she ends up with about $45,000 more in her IRA at age 65. 

	Contributions	IRAs value at Age 65*
Amy	$30,000 over 15 years (2,000/year from age 21 to age 35)	$185,234
	At $2,000/yr., Amy could turn a bi-weekly payroll deduction of $76.92 into $185,234!
Bill	$60,000 over 30 years ($2,000/year from age 36 to age 65)	$139,104

*This example illustrates account growth with a dividend rate of 5%.

Click here for rates!