MSUFCU Routing Number: 272479663
MSUFCU SWIFT Code: MSUCUS44
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.
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.