Individual Retirement Accounts (IRAs)

Grow your nest egg

Enjoy tax advantages while you build your retirement fund and diversify your investments

Your IRA options

Today's IRA Rates1

Annual Percentage Yield2 0.15%

An Individual Retirement Account (IRA) helps you save for retirement, and your money grows tax-free until you withdraw it.  We offer a variety of retirement accounts, including Traditional IRAs and Roth IRAs. 

You can earn quarterly dividends on a variable-rate IRA, with rates adjusted monthly based on money market conditions. Or, you can earn a higher rate of return with a fixed-rate Tax-Deferred IRA Certificate of one to five years. 

Be sure to talk with your tax advisor before opening or converting an IRA. 

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Get started with just $50

With any Alaska USA IRA you can: 

  • Open an account with as little as $50. 
  • Pay no maintenance fees with a minimum balance of $50. 
  • Supplement your other retirement savings and investments. 
  • Deposit or transfer money directly into your IRA, or set up an automatic deposit from your Alaska USA savings, checking, or money market account.  
  • Roll over your existing IRA into a new Alaska USA IRA without any withdrawal penalties.  

Your Alaska USA IRA is separately insured up to $250,000, so you can rest assured that your money is secure.  

IRA FAQs

You can begin withdrawing funds from your Traditional IRA penalty-free at age 59 ½. You can withdraw contributions from your Roth IRA without penalty at any time. 

You must begin making required minimum distributions (RMDs) from your IRA at age 72.  

Before you make any withdrawals from your IRA, we recommend that you consult your tax advisor. 

You can make some early withdrawals from a Traditional IRA before age 59 ½ without a tax penalty, including those for a first-time home purchase or eligible higher education expenses. 

You can also withdraw contributions from a Roth IRA without penalty at any time.  

Before you make any withdrawals from your IRA, we recommend that you consult your tax advisor. 

Beginning in 2020, there is no age limit on making regular contributions to Traditional or Roth IRAs. 

Yes, Alaska USA IRAs are federally insured up to $250,000 by the NCUA, an agency of the U.S. government.  

Yes, if you are enrolled in online banking, you can receive eStatements instead of paper statements in the mail. You can also sign up to receive an email reminder when your new eStatement is ready. 

To sign up for eStatements: 

  1. Log in to your account. 
  2. Select the Account Services tab. 
  3. Select Request eStatements. 
  4. Review and accept the Electronic Statements and Notices Disclosure and Agreement. 

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1Rates are subject to change at any time for any reason. See our rates page for full details.

2The annual percentage yield is the prospective yield that Alaska USA anticipates paying for the applicable dividend period. Yields may change after an account is opened. 

3Minimum deposit required. 

Tax deduction rules and distribution options vary with each type of IRA, so be sure to consult with your tax advisor or accountant before making any decisions about opening or converting an IRA to help avoid early withdrawal penalties. 

For complete account information, refer to the Share Account Disclosure Statement. You will also receive a copy when you open an account.