It is estimated that you will need 70-80% of your pre-retirement income to maintain your standard of living when you retire. Social Security will contribute only about 30% and a typical pension plan approximately 30% more. Obviously, if you want to assure a comfortable and independent retirement you should establish another form of long term savings. At AllCom Credit Union, we offer Individual Retirement Account Plans that can help make up the difference.
We offer both IRA Share Account and IRA Certificate programs for your use. There are no minimum balance requirements on our IRA Share option. Roth and Educational IRA's are also available.
Contact a Member Advocate at 508.754.9980 for additional information.