Individual Retirement Accounts (IRAs)
Invest in the next step.
Enjoy high yields and fast growth with our retirement accounts.
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Connexus IRA Accounts
Choose the retirement account that works for your unique timeline and goals.
IRA Certificates
These Certificates offer a fixed yield and term with a fixed maturity.
Bump-Up IRA Certificate
The Bump-Up IRA Certificate yields offer the option to bump the rate once during the term.
| Term | APY3Dividend rate |
| 24 months | 2.00%1.985% |
| Accurate as of 10/15/2025 | |
IRA Savings Accounts
These accounts have variable interest and no fixed term. Plus, there’s no minimum opening deposit required.
| Balance | APY4Dividend rate |
| $10,000 and over | 0.40%0.399% |
| $0 to $9,999.99 | 0.25%0.250% |
| Accurate as of 10/15/2025 | |
Connexus IRA Accounts
Choose the retirement account that works for your unique timeline and goals.
IRA Certificates
These Certificates offer a fixed yield and term with a fixed maturity.
Bump-Up IRA Certificate
The Bump-Up IRA Certificate yields offer the option to bump the rate once during the term.
| Term | APY3 |
|---|---|
| 24 months | 2.00% |
| Accurate as of 10/15/2025 | |
IRA Savings Accounts
These accounts have variable interest and no fixed term. Plus, there’s no minimum opening deposit required.
| Balance | APY4 |
|---|---|
| $10,000 and over | 0.40% |
| $0 to $9,999.99 | 0.25% |
| Accurate as of 10/15/2025 | |
Features
Traditional vs Roth
Traditional IRAs
These are potentially tax-deferred retirement plans. Your qualified contributions may be tax-deductible and can be made at any age, as long as you have earned income. Taxes are paid on your funds at the time of withdrawal.
Annual contribution limits for Traditional IRAs
| Age | 2024 | 2025 |
| Under 50 | $7,000 | $7,000 |
| 50 and Over | $8,000 | $8,000 |
Roth IRAs
Roth IRA contributions are made with after-tax dollars. Funds are tax-free when withdrawn unless you are taxed for early withdrawal penalties before age 59 ½. As long as you have earned income, contributions can be made at any age.
Annual contribution limits for Roth IRAs
| Age | 2024 | 2025 |
| Under 50 | $7,000 | $7,000 |
| 50 and Over | $8,000 | $8,000 |
FAQs: You asked. We answered.
Disclosures
APY = Annual Percentage Yield
See our Fee Schedule for a list of fees you may encounter.
Because these accounts have different features and deposits are based on your personal tax situation, contact your tax or legal professional or the IRS for specific tax information about state or local income taxes. This is intended to provide general information on federal regulations pertaining to Traditional and Roth IRAs. It is not meant to provide legal advice or individual tax recommendations. IRA contribution limits are determined by the IRS and apply to any financial institution, not just Connexus.
- Rates are accurate as of 10/15/2025 and are subject to change. Connexus Credit Union membership and $5,000 opening deposit required. A penalty will be imposed for early withdrawal. Fees may reduce earnings. Offer not valid on business or organization accounts.
- Rates are accurate as of 10/15/2025 and are subject to change. Connexus Credit Union membership and $100,000 minimum deposit required. A penalty will be imposed for early withdrawal. Offer not valid on business or organization accounts.
- Rates are accurate as of 10/15/2025 and are subject to change. Connexus Credit Union membership and $5,000 minimum deposit required. A penalty will be imposed for early withdrawal. Offer not valid on business or organization accounts. Bump-Up Share Certificates allow a one-time rate increase during the original term plus a one-time rate increase during each subsequent term. You must exercise the bump-up rate increase option during the then-current term. Please see the Truth-in-Savings disclosure for more information.
- APY accurate as of 10/15/2025 and are subject to change. Connexus Credit Union membership required. Fees may reduce earnings. ATM transactions not included.