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Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, A U.S. Government Agency
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IRAs

Individual Retirement Accounts (IRAs)

Everyone wants to be financially secure when they retire. Power Financial offers various IRAs to make it easy for you to get started. An IRA provides one of the easiest and most secure ways to save for your future. How much of your earnings this year will be paid in federal income taxes? This amount could be less when you invest in an IRA, a government-sanctioned plan that helps you create a more financially secure retirement. There are no annual fees or maintenance charges on your IRA. See our IRA Service Center to research your best option.

Advantages of an IRA with Power Financial include:

  • Your principal investment is never at risk. Your IRA is federally insured to up to $250,000.
  • IRA accounts can be opened with as little as $50.
  • IRA earnings will grow tax-deferred.
  • There are no annual administration fees.
  • We offer a rollover IRA that allows you to move your retirement funds without paying a withholding tax if you change jobs or retire and receive a lump-sum payout from your employer’s pension plan.
  • We mail monthly statements that are concise and easy to understand.

Tired of having to continually watch the ups and downs of stock or bond markets? Then move your IRA to the safety of a Traditional IRA, Roth IRA, Educational IRA, and Self-Employed IRA. Contact us at to find out which IRA best suits your needs or see our IRA Service Center to research your best option.