A Traditional Individual Retirement Annuity (IRA) is a retirement savings account that defers the taxes on the growth of your account value until you withdraw the funds. In addition, your contributions may be tax deductible, but consult with a tax advisor for details about your specific situation.

You can contribute:

• if you are under age 70½,
• if you have earned income from employment,
• up to a maximum of $5,000 per year and
• make catch-up contributions if you are age 50 or older, up to $1,000 per year. (If eligible, your spouse may be able to contribute the amounts listed above to his or her Traditional IRA as well.)

How do I get started?

Income restrictions apply to Roth IRA plans. Your Catholic United Sales Representative can explain the requirements of Roth IRAs to you.

• Contact your local Sales Representative
• Read the Annuity Buyer’s Guide (free PDF download)

Membership matters

Membership in Catholic United Financial starts after you purchase a product from us. Membership means aligning your finances to your faith, and:

• Making Catholic United grants and incentive programs possible
• Encouraging volunteer work
• Fundraising for Catholic parishes, schools and religious education programs
• Participating in the business decisions of a company that is member-owned and member-operated

*Catholic United Financial IRAs are Individual Retirement Annuities