Routing # 321076470


Pursue your best life in retirement with one of our retirement account solutions.

Traditional IRA

A popular option that reduces your taxable income by deducting contributions. You’ll pay taxes when money is withdrawn in retirement.1

Roth IRA

Owe taxes when you contribute money to the account, but contributions grow tax-free and without early withdrawal penalties.1

Rollover IRA

Take control of your retirement savings and rollover your 401k plan from a former employer.


Business retirement plan that gives you tax-deferred savings as a small business owner.1

Pursue the retirement life you envision with our solutions

Tax Benefits

Tax advantages as you grow your retirement savings1

Customized IRA planning

Discuss your investment options with a complimentary consultation with a CFS Financial Advisor available through CUSO Financial Services, L.P. (“CFS”)2

Supports deposit products

Choosing deposit products offers a guaranteed return on principal, federally insured up to $250,000

Flexible interest-earning account options

Competitive tiered rates with no-to-low minimum balance requirements

We’ll help you plan for retirement

Get guidance on which investment solutions might best fit your retirement needs. Schedule a complimentary meeting with any of our experienced CUSO Financial Services, L.P. (“CFS”) financial advisors.3 We’ll talk with you about your goals and interests, find out where you are financially, and get you started on a path that works for you.

Frequently Asked Questions

  • You can open and fund one without employer participation.
    Contributions/earnings are tax-deferred until retirement.1
    Depending on your plan participation and income, you may benefit from tax deductions.
    Your funds are always available, which is generally not true of employer plans.
    There’s no minimum contribution.

    The main difference between them is when you pay taxes.1
    Traditional IRA is tax deferred. This means that you can contribute money before it’s taxed, and you don’t owe taxes on those contributions or your earnings until you withdraw the money. It’s likely that you will be earning less when you begin to withdraw from your IRA, which means that you may end up being in a lower tax bracket and paying less overall in taxes.
    Roth IRA is not tax deferred, which means you owe taxes when you contribute the money to the account. But that means you won’t have to worry about paying them later and your contribution can grow tax-free. Withdrawals of contributions and earnings are tax free if your account has been open at least five years, and you’re at least 59 and a half.

    A Roth IRA conversion is when you take savings from a Traditional, SEP or SIMPLE IRA, or qualified employer-sponsored retirement plan (QRP), such as a 401(k), and move them to a Roth IRA. Once you convert to a Roth IRA, it can’t be undone.
    At the time of conversion, you will pay the appropriate taxes due on before-tax dollars converted; the 10% additional tax does not apply on the amount converted.
    The benefits of tax-free income in retirement may justify the conversion.
    Your tax advisor is always the best person to discuss your specific situation and provide guidance for your situation.

    We want to help you invest your money wisely. Schedule a complimentary meeting with any of our experienced CUSO Financial Services, L.P. (“CFS”) financial advisors. We’ll talk with you about your goals and interests, find out where you are financially, and get you started on a path that works for you.

1 Consult tax advisor about IRA tax advantages.

2 Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Patelco Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

Financial Advisors are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will be made only upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.

3 Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, Certified Financial Planner™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.


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