IRA Savings Accounts

Rates

Individual Retirement Accounts/Coverdell Educational Savings Accounts

Delta Community Credit Union’s IRA Savings Accounts and Coverdell Educational Savings Accounts dividend rates increase the more you invest.

Tier Rate	Rate	APY*
$0 - $9,999.99	0.45%	0.45%	Tier Rate: $0 - $9,999.99 Rate: 0.45% APY*: 0.45%
$10,000.00 - $24,999.99	0.50%	0.50%	Tier Rate: $10,000.00 - $24,999.99 Rate: 0.50% APY*: 0.50%
$25,000.00 - $49,999.99	0.60%	0.60%	Tier Rate: $25,000.00 - $49,999.99 Rate: 0.60% APY*: 0.60%
$50,000.00 - $99,999.99	0.80%	0.80%	Tier Rate: $50,000.00 - $99,999.99 Rate: 0.80% APY*: 0.80%
$100,000.00 - $249,999.99	0.85%	0.85%	Tier Rate: $100,000.00 - $249,999.99 Rate: 0.85% APY*: 0.85%
$250,000.00 - $499,999.99	0.85%	0.85%	Tier Rate: $250,000.00 - $499,999.99 Rate: 0.85% APY*: 0.85%
$500,000.00 - $999,999.99	1.34%	1.35%	Tier Rate: $500,000.00 - $999,999.99 Rate: 1.34% APY*: 1.35%
$1,000,000.00 - and above	1.98%	2.00%	Tier Rate: $1,000,000.00 - and above Rate: 1.98% APY*: 2.00%

View Current IRA/Savings/Checking Disclosure Supplement

Minimum Opening Deposit: None
Minimum Balance: $0.00
Rates subject to change.
Fees may be imposed for early withdrawal.

IRA CD Rates

Term	Rate	APY*
12 Month	5.03%	5.15%	Term: 12 Month Rate: 5.03% APY*: 5.15%
24 Month	4.41%	4.50%	Term: 24 Month Rate: 4.41% APY*: 4.50%
36 Month	3.92%	4.00%	Term: 36 Month Rate: 3.92% APY*: 4.00%
60 Month	3.92%	4.00%	Term: 60 Month Rate: 3.92% APY*: 4.00%

View Current Certificate of Deposit (CD) Disclosure Supplement

Minimum Opening Deposit: $1,000.00
Minimum Balance: $1,000.00

*APY = Annual Percentage Yield.

Compare Rates

IRA Savings Account Rate Comparison

Delta Community Credit Union has one of the highest dividend rates for IRA Savings Accounts as well as one of the highest IRA CD rates compared to traditional banks. Use our IRA rate comparison tool below to compare.

Company	Product Name	APY*
Delta Community	IRA Savings	0.45%	Company Delta Community Product Name IRA Savings APY* 0.45%
Wells Fargo	IRA Savings	0.01%	Company Wells Fargo Product Name IRA Savings APY* 0.01%

Company	Product Name	APY*
Delta Community	IRA Savings	0.50%	Company Delta Community Product Name IRA Savings APY* 0.50%

Company	Product Name	APY*
Delta Community	IRA Savings	0.60%	Company Delta Community Product Name IRA Savings APY* 0.60%

Company	Product Name	APY*
Delta Community	IRA Savings	0.80%	Company Delta Community Product Name IRA Savings APY* 0.80%

Company	Product Name	APY*
Delta Community	IRA Savings	0.85%	Company Delta Community Product Name IRA Savings APY* 0.85%

View Current IRA/Savings/Checking Disclosure Supplement

Minimum Opening Deposit: None
Minimum Balance: $0.00

IRA CD Rates Comparison

Company	Product Name	APY*
Delta Community	IRA CDs	5.15%	Company Delta Community Product Name IRA CDs APY* 5.15%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	1.50%	Company Wells Fargo Product Name Wells Fargo IRA APY* 1.50%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	4.50%	Company Delta Community Product Name IRA CDs APY* 4.50%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	1.50%	Company Wells Fargo Product Name Wells Fargo IRA APY* 1.50%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	4.00%	Company Delta Community Product Name IRA CDs APY* 4.00%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	1.50%	Company Wells Fargo Product Name Wells Fargo IRA APY* 1.50%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

Company	Product Name	APY*
Delta Community	IRA CDs	4.00%	Company Delta Community Product Name IRA CDs APY* 4.00%
Chase Bank	Chase IRA	0.01%	Company Chase Bank Product Name Chase IRA APY* 0.01%
Bank of America	Fixed Term IRA	0.03%	Company Bank of America Product Name Fixed Term IRA APY* 0.03%
Wells Fargo	Wells Fargo IRA	1.50%	Company Wells Fargo Product Name Wells Fargo IRA APY* 1.50%
PNC Bank	Fixed Rate IRA CD	0.02%	Company PNC Bank Product Name Fixed Rate IRA CD APY* 0.02%

*APY = Annual Percentage Yield.

Fees

IRA Savings Account Fees

With Delta Community Credit Union’s IRA Savings Account there are no setup, maintenance or administrative fees.

Fee Type	Amount
Annual Fee	$0.00	Fee Type: Annual Fee Amount: $0.00
Institutional Transfer Out after 1 free yearly	$25.00 each	Fee Type: Institutional Transfer Out Amount: $25.00 each after 1 free yearly

An individual may only contribute an amount less than or equal to their earned income, up to the annual contribution limit. For example, if you earned $4,000 for the year, you can only contribute up to $4,000 to your IRA. However, if you earned $15,000 for the year, you can contribute up to the limits listed above based on the tax year.

You can make regular IRA contributions from your own Savings, Additional Savings, Checking or Money Market accounts from within Online Banking or Mobile Banking. To do this, log in to your Online Banking account and transfer the funds utilizing the Transfer tool. (Contributions for the prior tax year may be made online until the tax return deadline, which is generally April 15th. Prior year contributions are not available in Mobile Banking.)

If you prefer to mail a check for your regular contributions, you may access the Roth IRA Deposit form and the Traditional IRA Deposit form. Complete, sign, and mail to Delta Community, P.O. Box 20541, Atlanta, GA 30320-2541, Attn: IRA Dept.

Delta Community Credit Union offers IRA CDs as an additional share option to our savings-based IRAs. When you plan for retirement it's nice to have options, and our IRA CD product is just one more way the credit union strives to bring you products and services that help you plan for the future.

Traditional, Roth, and SEP IRA CDs offer the same great benefits as our savings-based IRAs, including:

No set-up, administrative or maintenance fees
An easy application process
Trained IRA specialists
A low $1,000 minimum opening deposit requirement for IRA CDs
- No minimum opening deposit requirement for the IRA savings account

In addition, IRA CDs have fixed-terms of 12, 24, 36, or 60 months which allows you to lock in your rate for a fixed term. An IRA CD with a fixed term typically pays a higher annual percentage yield than a savings-based IRA with no fixed term. They are also federally insured by the National Credit Union Administration (NCUA) for up to $250,000.

Eligibility for an IRA CD requires the corresponding IRA savings account (Traditional, Roth, or SEP) to be opened. The IRA savings account is required as this is the account that is used for IRA tax reporting.

Dividend Rates

To open an IRA CD or learn more see our IRA CD page.

Can I move my IRA at another financial institution to an IRA at Delta Community?

Yes. IRA funds may be moved as either a transfer or rollover. An IRA of the same type must be established at the Credit Union, if you have not already done so. IRAs at the Credit Union are cash accounts only, so you would need to liquidate any investments you are holding within the IRA before moving the funds to the Credit Union.

An IRA-to-IRA transfer is a non-reportable method of moving funds between like-IRAs A recent statement from the IRA at your current financial institution is required to complete the transfer paperwork. Contact the IRA Department to complete the Transfer Request paperwork.

An IRA-to-IRA rollover is a reportable transaction in which a distribution is taken from an IRA, and then deposited into an IRA of the same type, as a rollover contribution. A rollover must be completed within 60 calendar days beginning the day after the distribution is received by the IRA owner. An IRA owner may only rollover one distribution in a 12-month period, regardless of the number of IRAs that are owned.

Processing times for these requests is 3-5 business days. If you have additional questions, or to obtain appropriate forms, please select Contact Us under Additional Services within Online Banking. You may also visit your local Delta Community branch, or call the IRA Department at 404-677-4600.

I have an employer sponsored retirement plan (such as a 401(k), 457(b), 403(b), Pension, Profit Sharing, ESOP, Thrift Savings Plan). Can I roll my employer-sponsored retirement plan into my current IRA or another type of IRA? Do I get the paperwork from the institution that currently holds my funds or can you initiate the process for me?

You may be eligible to rollover your employer sponsored retirement plan into an IRA. You should contact your plan administrator (institution currently holding your funds) to determine eligibility to rollover funds to an IRA. If eligible, you have two options depending on how you want to invest the funds.

If you would like an IRA or IRA Certificate of Deposit (CD) that is savings-based (no investment options) contact the IRA Department at 404-677-4600 for further instructions and to request the forms needed to complete the rollover. Once your IRA is established at the credit union, it will be your responsibility to contact your plan administrator to initiate the rollover of funds.

If you would like an IRA with investment options, contact Delta Community Retirement & Investment Services at 404-677-4890 to set up an in-person, over the phone or virtual appointment with a CERTIFIED FINANCIAL PLANNER™ professional.

If you have after-tax contributions, 401(a) monies, you may be eligible to withdraw those funds with no tax due, or roll it directly into a Roth IRA. After-tax contributions should be sent to you in a separate check and not combined with pre-tax dollars.

Can I rollover my employer sponsored retirement plan to a Roth IRA at Delta Community?

After-tax contributions to a 401(k), as well as funds in a Roth 401(k), can be rolled over to a Roth IRA. If you would like to rollover 401(k) pre-tax contributions to a Roth IRA, we recommend that you consult a CERTIFIED FINANCIAL PLANNER™ professional at Delta Community (404-677-4890), or a qualified tax professional, due to the possible tax consequences.

I am retiring. Can I rollover my employer sponsored retirement plan to an IRA at Delta Community?

Yes, you can. If you would like an IRA or IRA CD that is savings-based (no investment options), contact the IRA Department at 404-677-4600 for further instructions, and to request forms needed to complete the rollover. Once your IRA is established at the credit union, it will be your responsibility to contact your plan administrator to initiate the rollover of funds.

If you would like an IRA with investment options, contact Delta Community Retirement & Investment Services at 404-677-4890 to set up an in-person, over the phone or virtual appointment with a CERTIFIED FINANCIAL PLANNER™ professional.

I rolled over an employer sponsored retirement plan from a former employer to an IRA. How do I transfer that to a Delta Community Credit Union IRA?

You have two choices depending on how you want to manage the funds in your IRA. If you would like an IRA or IRA CD that is savings-based (no investment options), contact the IRA Department at 404-677-4600 for further instructions, and to request forms needed to complete the transfer. Once your IRA is established at the credit union, we will request the transfer from your current custodian or Trustee.

If you would like an IRA with investment options, contact Delta Community Retirement & Investment Services at 404-677-4890 to set up an in-person, over the phone or virtual appointment with a CERTIFIED FINANCIAL PLANNER™ professional.

How do I access my IRA funds?

You can visit Delta Community Forms & Applications for many of the forms needed to access IRA funds.Once completed, the forms must be signed and returned to a branch for processing, mailed or faxed to the credit union, or uploaded through your account within Online Banking. Withdrawals from an IRA may be subject to taxes and penalties. Please consult your tax advisor. If you have additional questions, please contact the IRA Department by logging into Online Banking and submitting a message by selecting Contact Us under Additional Services or by calling 1-800-544-3328.

Apply Now

Ready to Open an IRA Savings Account?

An IRA Savings Account must be established before an IRA CD may be opened. If you would like to open a Traditional IRA, complete the Traditional IRA Application. To open a Traditional IRA CD in conjunction with your Traditional IRA, complete a Traditional IRA CD Application. To open a Roth IRA, complete the Roth Application. To open a Roth IRA CD in conjunction with your Roth IRA, complete a Roth IRA CD Application.

Traditional IRA Forms

Federally insured by the National Credit Union Administration for up to $250,000
No setup, maintenance or administrative fees
Very competitive dividend rates
Easy application process
Assistance from trained IRA Specialists
Access to informative Online IRA Service Center

All IRA CDs:

Fixed terms of 12, 24, 36 and 60 months
Only require $1,000 minimum investment

Traditional and Roth IRA Aggregate Annual Contribution Limits
Tax Year	Annual Contribution Limit	"Catch-Up" Contributions Owner is 50 or older
2024	$7,000	$1,000 ($8,000 total contribution)
2023	$6,500	$1,000 ($7,500 total contribution)

IRA Savings Accounts

Overview & Benefits

Routing Number

Rates

Individual Retirement Accounts/Coverdell Educational Savings Accounts

IRA CD Rates

Compare Rates

IRA Savings Account Rate Comparison

IRA CD Rates Comparison

Fees

IRA Savings Account Fees

Apply Now

Ready to Open an IRA Savings Account?

IRA Savings Accounts

Overview & Benefits

Routing Number

Rates

Individual Retirement Accounts/Coverdell Educational Savings Accounts

IRA CD Rates

Compare Rates

IRA Savings Account Rate Comparison

IRA CD Rates Comparison

Fees

IRA Savings Account Fees

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IRA Contribution Limits

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Move an IRA over to Delta Community

Can I move my IRA at another financial institution to an IRA at Delta Community?

Rollover IRA FAQs

Can I rollover my employer sponsored retirement plan to a Roth IRA at Delta Community?

I am retiring. Can I rollover my employer sponsored retirement plan to an IRA at Delta Community?

I rolled over an employer sponsored retirement plan from a former employer to an IRA. How do I transfer that to a Delta Community Credit Union IRA?

How to access my IRA funds

How do I access my IRA funds?

Apply Now

Ready to Open an IRA Savings Account?

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EHL

Equal Housing Lender

NCUA

National Credit Union Administration, a U.S. Government Agency