facebook-with-circle google-with-circle linkedin-with-circle twitter-with-circle youtube-with-circle search3 lock question6 plus3 arrow-up6 arrow-right6 arrow-down6 arrow-left6

Roth IRA Accounts

Grow your nest egg tax-free for a stress-free retirement.

Contributing to a Roth IRA offers many perks to enhance your retirement fund. Benefits include:

Tax-Free Withdrawals

Enjoy tax-free retirement disbursements to maximize your hard-earned savings.

Flexible Access

You can withdraw your contributions at any time.

No Required Distributions

There are no mandatory required minimum distributions when you retire.

Estate Planning Benefits

Pass your Roth IRA down to your heirs tax-free as long as the account is five years or older.

How Do Roth IRAs Work?

Maximize your retirement savings with these key Traditional IRA features:

Roth Individual Retirement Accounts offer unique benefits unmatched by retirement plans like 401(k)s and Traditional IRAs.

With a Roth IRA, you don’t get a tax break on contributions now, but you can enjoy tax-free earnings later. 

As long as you’re at least age 59 1/2 and have held the account for 5+ years, withdrawals of contributions and earnings are tax-free.

Features and benefits include:

  • Make annual Roth IRA contributions up to the limits set by the IRS
  • Watch your savings grow with guaranteed returns
  • You don’t have to pay income taxes on withdrawals in retirement
  • No forced withdrawals when you reach a certain age
  • In some cases, you can use funds for buying a home or higher education
A retired couple smiling as they check the balance on the Roth IRA account they opened many years ago.

See Our Roth IRA Rates

Rates Accurate as of [Date, Time]

IRAMinimum Balance/RangeAnnual Percentage Rate (APR)Annual Percentage Yield (APY)
Traditional IRA
Roth IRA
Educational Savings IRA
$5.00 - $9,999.990.05%0.05%
$10,000.00 - over0.25%0.25%

*Rates subject to change at any time and without prior notice. Fees may reduce earnings.


“Great local credit union. Mikayla at the Good Dr. location is the best!”

– Lauryn K., Lancaster, PA.


“I have been a member of Belco for 55 years. My dad worked for Bell of PA for 40 some years.”

– Debbie C., Lancaster, PA.


“Great bank for business and personal finance”

– Brett C., Lancaster, PA.

Enjoy the Benefits of a Belco Roth IRA Account

Extra Savings for 50+

Members who are age 50 and older can make extra “catch-up” contributions.

No Funds Required to Open

Open a Roth IRA now with no money and fund it when you’re ready.

Tiered Rates

Take advantage of tiered rates that increase with higher account balances.

Compounded Dividends

Enjoy paid and compounded monthly dividends.

Online and Mobile Banking

Monitor your retirement savings growth through our easy-to-use online portal or mobile app.


Gain peace of mind knowing your Roth IRA is federally insured by NCUA.

Open Your Roth IRA Account Today

Roth IRA Account FAQs

What is the maximum I can contribute to my Roth IRA each year?

Consult the IRS website for information regarding your contributions.

When can I withdraw earnings without penalties?

As of 2023, you can withdraw your contributions tax-free and penalty-free anytime. However, to take out earnings tax-free, you must be at least 59 1/2 and have held the account for over five years.

Where can I open a Roth IRA account?

Belco Community Credit Union is a great option for opening a Roth IRA account in Pennsylvania. As a full-service credit union, Belco provides personalized service to help you meet your retirement goals. You’ll benefit from low fees, competitive rates, and local experts to assist you in getting started.

More Ways to Save and Grow Your Money

Money Market Accounts

Earn higher returns without locking up funds while enjoying flexible withdrawals and deposits.

Health Savings Account

Save pre-tax funds to pay for healthcare expenses now or in the future with tax-free withdrawals.

Certificate Accounts

Lock in higher interest rates on untouched deposits over fixed periods from 3 months to 5 years.