New Mexico Educators Federal Credit Union - The Power of WE
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Checking & Savings

Roth IRA

All earnings are tax-free.

  • Contribute as much as $5,000 per year or the amount of your earned income, whichever is less.
  • Taxpayers age 50 and over can make additional $1,000 catch-up contributions.
  • Spousal accounts are allowed.
  • Non-working spouses can also use this account to save for retirement.
  • Contributions are non-deductible.
  • Prior year contributions can be made up to income tax deadline.

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New Mexico Educators Federal Credit Union. All rights reserved. Do not duplicate or redistribute in any form.
NCUAFederally insured by NCUA. Your savings are insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency.
Equal Housing LenderEqual Opportunity Lender
We Do Business in Accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.