Individual Retirement Account (IRA)
At PACU, we believe retirement isn’t just a finish line. It’s a fresh start. Our IRAs are built to help you get from dreaming of travel or time with grandchildren to simply having a future free of financial stress
PACU Individual Retirement Accounts: Your Future Made Simple
You don’t have to be a financial expert to build a strong retirement plan. You just need the right tools and a little support. That’s where our PACU Investment Solutions Team comes in. Our IRAs keep things simple and focused on you. Here’s what makes our IRAs a solid choice for your retirement planning:
Traditional and Roth IRA Options
Choose the account that fits your financial goals. Traditional IRAs offer potential tax-deferred growth, while Roth IRAs provide tax-free withdrawals in retirement.
Contact your tax advisor or our Investment Solutions Team for guidance.
Tax Advantages
Depending on the type of IRA you choose, you could reduce your taxable income now and enjoy tax-free income later. Either way, you win.
Already have an IRA or 401(k)? We make it easy to rollover or transfer your funds without losing tax advantages.*
Flexible Contribution Options
Contribute at your own pace, whether it’s monthly, annually or whatever your budget allows, up to annual IRA limits.
Your Money Tree, Watered Daily
With Piedmont Advantage IRAs, your savings work for you every day. Dividends (or interest) are compounded daily and credited to your account monthly, meaning your money earns more, more often.
Or, picture your Piedmont Advantage IRA as your money tree, watered daily (with interest) and fed each month (your credited earnings). It’s the kind of behind-the-scenes nurturing that makes a difference over time, helping you build a thriving retirement without lifting a finger (or hose).
Your Retirement, Visualized
Planning for retirement can feel like you’re driving cross-country without a GPS or map. Our Roth vs Traditional IRA calculator changes that. By adding your savings goals, timelines and contribution options, you get a clear, personalized protection of your financial future. It’s like turning on your headlights right after sunset. Suddenly, the road ahead seems brighter.
Resources
Advantage Insights Blog
Here, you’ll learn more about who we are, what we do and why it matters to you.
YouTube Channel
Watch past webinars, roundtable discussions and podcast videos, all catalogued on our channel for your convenience.
Reach your financial goals
Our easy-to-use calculators can help you make the right financial decisions. Let us help you research.
Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.
Disclosures
*Piedmont Advantage Credit Union does not provide tax or legal advice. This information is for informational purposes only and should not be relied upon for tax decisions. Consult your tax advisor regarding your individual situation.