Traditional IRA

Straightforward savings for the turns ahead.

Traditional IRA’s at Coastal offer fixed or variable rate investment options and current year tax benefits

Earn up to 4.00% APY2 with direct deposit


Here’s how a Traditional IRA could help you bank better:

  • You can start with a small sum and build up your balance with regular deposits
  • Contributions could be tax-deductible if you qualify, meaning they can potentially lower your taxable income and tax bill in the year they are made
  • Contribute up to $6,500. If you are at least age 50, you are allowed an additional $1,000 as a catch up contribution to accelerate your savings just in time for retirement1
  • Your savings also grow tax-deferred until retirement
  • When you retire you are eligible to withdraw from the account and are taxed as ordinary income. You may choose to withdraw as young as 59½ and required to withdraw at age 73

COMPARE OUR IRA PRODUCTS

Earn up to 2.25% with our high yield IRA

High Yield IRA Savings

  • Useful if you don’t like being locked into a term deposit
  • Earn an impressive 3.75% APY2 on your Retirement savings and enjoy an extra .25% if you have a direct deposit of $500 or more into a Coastal Checking account
  • Compare plans in the table below to find the best plan for your retirement
  • To open your High Yield IRA Savings account, fill and print out our forms and bring them in to a branch

IRA Certificates

  • If you want a great return and don’t mind a little commitment, get Certificates up to 4.75% APY3
  • Choose one or more of our high rate certificates with terms ranging from 7 days to 5 years
  • To open your IRA Certificate account, fill and print out our forms and bring them in to a branch
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Want to learn more about additional investment options?


1. Please consult a tax advisor for contribution eligibility

2. APY - Annual Percentage Yield. For more details, see the Truth-In-Savings Disclosure and Rate Table. Fees may reduce earnings on account. Rates subject to change without notice after account opening. Penalty for early withdrawal. APY is accurate as of the last dividend declaration date.

3. Certificate requires $250 minimum to open and will automatically renew at the end of the term. 4.75% APY is based off of an 18 month certificate. Fees may reduce earnings on account. Rates subject to change without notice. Penalty for early withdrawal. APY is accurate as of 03/01/2023.

4. Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Coastal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.

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