With a Capitol Federal IRA, you can choose from a range of investment options to help secure your retirement. Whether you prefer a stable, long-term Certificate of Deposit or the flexibility of a variable-rate Savings IRA, we have the right choice for you.
IRA Options:
- Traditional IRA: Choose any CD term of 4 years or less.
- Roth & Educational IRAs: Choose any CD term of 5 years or less.
Start planning today and explore our IRA options and secure your financial future.
Traditional IRA
A Traditional IRA from Capitol Federal allows you to save for retirement while potentially reducing your tax bill. Choose any CD term of 4 years or less for your investment.
Why Choose a Traditional IRA?
- Tax-Deductible Contributions. Consult your tax advisor to see if you qualify.
- Tax-Deferred Growth. Earnings are not taxed until you withdraw them in retirement.
- No Withdrawals Until Age 73. Your funds can continue to grow tax-deferred.
Roth IRA
A Roth IRA is ideal if you want tax-free withdrawals in retirement and no mandatory distributions at age 73. Enjoy the flexibility of choosing any CD term of 5 years or less.
Roth IRA Benefits:
- Tax-Free Growth. Withdraw earnings tax-free after a 5-year holding period under qualifying conditions.
- No Required Withdrawals. No mandatory distributions at age 73.
- Flexible Contributions. Continue contributing as long as you have earned income, even during retirement.
Roth and Traditional IRAs – What’s the Difference?
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