IRA
A Traditional IRA (Individual Retirement Account) could be beneficial for long-term retirement planning. PFCU offers a Traditional IRA Savings account and IRA Share Certificate. Many of our members find that income from IRAs augments their Social Security benefits in retirement.
IRA contributions may be made in a lump sum, by regular deposits, or by payroll deduction. You may also roll over a lump sum you receive from another qualified retirement account. We can help you figure out your options.
Contributions may be tax-deductible depending on your income, marital status and whether you have a retirement plan at work.
Taxes are deferred on earnings. Withdrawals can be made IRS penalty-free at age 59-1/2 and are taxed as ordinary income.
Additional benefit comes from possibly being in a lower tax bracket at retirement age.
IRA Savings Account
No minimum balance
Dividends are compounded and credited quarterly
| Minimum Balance To Open | Minimum Balance to obtain APY** | Dividend Rate | APY** |
|---|---|---|---|
| $0.00 | $0.00 | % | % |
IRA Share Certificates
Minimum deposit $1,000
Fixed-rate for the entire term of the certificate
Terms range from 3 months to 48 months
Dividends are compounded daily and credited monthly on the last day of the month
Schedule an appointment to speak to a member services representative about opening a traditional IRA by calling us at (609) 945-6200 Option 4.
IRA Certificate Rates & Terms
| Term | Minimum Balance To Open | Minimum Balance To Obtain APY** | Dividend Rate | APY** |
|---|---|---|---|---|
| 3 Months | $1,000.00 | $1,000.00 | % | % |
| 4 Months SPECIAL | $1,000.00 | $1,000.00 | % | % |
| 6 Months | $1,000.00 | $1,000.00 | % | % |
| 9 Months | $1,000.00 | $1,000.00 | % | % |
| 12 Months | $1,000.00 | $1,000.00 | % | % |
| 13 Months SPECIAL | $1,000.00 | $1,000.00 | % | % |
| 18 Months | $1,000.00 | $1,000.00 | % | % |
| 24 Months | $1,000.00 | $1,000.00 | % | % |
| 36 Months | $1,000.00 | $1,000.00 | % | % |
| 48 Months | $1,000.00 | $1,000.00 | % | % |
| 60 Months | $1,000.00 | $1,000.00 | % | % |
**APY = Annual Percentage Yield. Rates are accurate as of September 1, 2025. Minimum required opening balance deposit of $1,000 online and in branch for Savings Certificate Specials (4-Month and 13-Month). Interest is compounded daily and credited monthly. Early withdrawal penalty is the lesser of 90 days dividends or dividends earned year-to-date. Fees may reduce earnings. Other deposit products, rates, services, and terms are also available. Must be a Princeton Federal Credit Union "PFCU" member in good standing. Rates and terms subject to change without prior notice. PFCU is not responsible for any typographical errors or misrepresentations. Early withdrawal of funds from IRAs may be subject to IRS penalties. Federally insured by NCUA. Equal Housing Lender.