MSUFCU Routing Number: 272479663
MSUFCU SWIFT Code: MSUCUS44
Due to scheduled maintenance, check images will be unavailable between 5:00 p.m. to 10:00 p.m. on April 19, 2014. We apologize for any inconvenience.
Individual Retirement Accounts (IRAs)
MSUFCU has the long-term savings options to help you save for retirement, higher-learning, or health care expenses.
Coverdell Educational Savings Accounts, Health Savings Accounts, Traditional IRAs, Roth IRAs, and SEP Plan IRAs are insured for an additional $250,000.
Make saving for your future a possibility with an MSUFCU IRA Loan. IRAs can offer great tax advantages. Whether you open a Traditional IRA, which provides tax-deferred growth, or a Roth IRA that offers tax-free qualifying withdrawals, both will be beneficial for retirement. Fund your IRA with our IRA Loan today!
Borrow up to the amount deposited to an IRA Certificate at a loan rate 2 percentage points above the rate paid on the MSUFCU Certificate you select.
If your MSUFCU IRA Certificate rate is 1.50% APY, the loan rate for the IRA Loan will be 3.50% APR.
IRA Loan Term:
Term of the Certificate
MSUFCU IRA Loan Amounts:
Maximum: $5,500 ($6,500 for catch-up contributors age 50 and over)
Set Up Your IRA Loan
Call us at 517-333-2222 or 800-678-6967, or stop by any of our branches to set up your IRA Loan today!
A Traditional IRA allows for tax deferred growth of contributions and earnings to be tax deferred until you withdraw them at retirement, when you may be in a lower tax bracket. Contributions can be made if you are under age 70½ for the tax year that you are contributing and have earned income. Traditional IRA owners must begin taking distributions when he/she is 70½ years of age.
|Tax Year||Contribution Limit|
|2013||$5,500 ($6,500 for catch-up contributors age 50 and over)|
|2014||$5,500 ($6,500 for catch-up contributors age 50 and over)|
Open a Traditional IRA
Open a Traditional IRA at any MSUFCU branch, or visit our IRA Service Center by clicking the button below.