Traveling, creating, surfing — you've got a lot of life left and you deserve to have the retirement you’ve been dreaming of. And we’re committed to making it happen for you. An IRA from Cooperative Center helps you plan for your future while earning competitive dividends.
We offer traditional, Roth, and SEP options to get your retirement savings on track, as well as a Coverdell ESA for members who are looking to save up for their child’s education.
There are advantages to both traditional and Roth IRAs. One of the biggest differences is the time at which you see the most advantage. A traditional IRA provides potential tax relief today, while a Roth IRA has the potential for the most tax benefit at time of retirement.
Create an easier transition into college for yourself and your student by setting up a savings account early. A Coverdell Education Savings Account (ESA) provides a tax-free safe place to grow competitive dividends and also financial confidence for a new stage in life.
This investment tool was created to help parents (as well as family members and friends) pay for the future cost of a child's post-secondary education. The plan allows total after-tax contributions of $2,000 per year for each child until they reach the age of 18. These contributions and their subsequent earnings are tax free when withdrawn to pay for qualified education expenses.
A qualified higher education expense is one that is required for the enrollment or attendance by your child at an eligible educational institution. These expenses include: