Individual Retirement Accounts

The best way to prepare for retirement? Start saving as soon as possible, and invest in accounts that offer attractive tax benefits.

CUTX Has The Best IRA Rates in Texas

Make your plan for retirement savings with a high yield, risk free investment.

Wondering how to save for retirement?

Sit back & relax, or set out on new adventures. With the help of an IRA, you can afford to save for your dream retirement.

  • Choose Traditional or Roth IRAs
  • Open Traditional or Roth IRAs for just $1,000
  • Contribute up to $6,000 a year ($7,000 if you're over age 50)
  • Accelerate your savings progress by investing in our IRA Certificates of Deposit
  • Ask about our Education IRAs - also known as Coverdell Education Savings Accounts - that can help cover college costs

Questions? We can help.

Monday - Friday 9AM - 6PM
and Saturday 10AM - 2PM CST

Talk to an IRA Investment Specialist

Schedule an appointment

Get a personalized IRA investing consultation.

IRA Rates

*The Annual Percentage Yields (APYs) are accurate as of March 14, 2023 and are subject to change.

$500 - $999.99 $1,000 - $9,999.99 $10,000 - $24,999.99 $25,000 - $49,999.99 $50,000 - $98,999.99 $99,000 +

Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY* Interest Rate APY*
6 Month 4.89 5.00 4.89 5.00 4.89 5.00 4.89 5.00 4.89 5.00 4.89 5.00
12 Month 4.79 4.90 4.79 4.90 4.79 4.90 4.79 4.90 4.79 4.90 4.79 4.90
24 Month 4.41 4.50 4.41 4.50 4.41 4.50 4.41 4.50 4.51 4.50 4.41 4.50
36 Month 4.31 4.40 4.31 4.40 4.31 4.40 4.31 4.40 4.31 4.40 4.31 4.40
48 Month 3.93 4.00 3.93 4.00 3.93 4.00 4.02 4.10 4.12 4.20 4.22 4.30
60 Month 3.93 4.00 3.93 4.00 3.93 4.00 4.02 4.10 4.12 4.20 4.22 4.30

We offer the following IRA's:

Educational IRA

Roth/Traditional IRA

IRA Certificate of Deposit

Get a good look at where you are and where you're going next.

Financial Calculators

Exclusive Benefits Include

Traditional IRA

You could get a tax deduction for every year you contribute to your IRA. Interest and dividend earnings grow tax-deferred.

Roth IRA

Your interest and dividend earnings are tax-deferred, and all qualified withdrawals are tax-free.1

Education ESA

Contribute up to $2,000 a year. Funds can pay for elementary, secondary school and college tuition and other qualified education expenses.

Put your money to work for you.

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General Individual Retirement Account FAQs

Just make an appointment to visit your nearest CUTX location we'll set you up to save.

There's some paperwork involved with this, so please stop by the nearest CUTX location to make a contribution.

Like contributions, IRA distributions also require forms to be completed. Please stop by the nearest CUTX location to take a distribution.

Once you reach age 72, the Internal Revenue Service requires a minimum distribution of at least once per year.

Your IRA funds will be passed to your beneficiaries, so be sure to keep your list of beneficiaries up to date. IRA funds are separate from your membership account and require a separate beneficiary form.

  Please click on the link below to go to the government IRS web-page


Friendly and attentive staff. Paydays come early and the fact that they care for the little guys is definitely my favorite thing about this bank. Definitely the go-to-spot if you’re interested in growing your financial reach.

Xavier H.
Never a issue always friendly and as you walk in the gentleman at the door greets you with awesome customer service. Always on point.
Mr. C.

I simply love this credit union location. My family has gotten several auto loans and personal loans there. I have been a member for over 30 years and my children have accounts also.

Laretha S.

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*Registration/activation required. Health Discount Savings is not insurance.

1. To withdraw from a Roth IRA, the account must meet the following requirements; minimum 5 year holding period, must be 59 ½ years of age or older, or one of the following exceptions: first-time home purchase, college expenses, and birth or adoption expenses.