Receive a $100 bonus when you open a new IRA*
Deposit $2,500 into a new or existing IRA by April 16 to get your bonus. Save now, relax later.
We prefer our Roth IRAs without all those pesky fees.
Big Banks Can Equal Big Fees. We’d Rather Just Help You Save.
Pay taxes now—enjoy tax-free withdrawals later. With Star One, you also skip the fees: no setup, administration, or annual maintenance charges.
Roth IRAs may offer greater tax savings and more withdrawal flexibility than Traditional IRAs. Contributory and Conversion plans are available.
While contributions aren’t tax-deductible, both contributions and earnings can be withdrawn tax-free with qualified distributions. Plus, there are no annual withdrawals required. Eligibility is based on income.
Why Roth IRA Accounts at Star One
- Convenient payroll allocations and automated deposits
- Automatic IRA distributions available
- Automatic renewal on Certificate Accounts with 10-calendar-day grace period beginning on maturity date to make changes.
- Competitive IRA interest rates
- Knowledgeable, qualified staff who’re rooting for you
- No required minimum distributions
Roth IRA Account Summary
| Qualifications: | Must have earned income. There are no age restrictions. |
| Maximum Contributions: | 2025: $7,000 2026: $7,500 Additional "catch-up" contribution (if age 50 or over during the year): 2025: $1,000 2026: $1,100 |
| 2024 Contribution Deadline: | April 15, 2026 |
| Tax Status of Earnings: | Earnings grow tax-deferred. Tax-free on qualified withdrawals. |
| Nonrefundable Tax Credit: | You may be eligible to receive a credit (not to exceed $1000 or $2000 for married couples filing jointly) on your contribution if you meet certain requirements. |
| Contribution Restrictions: | Yes, 2026 contributions phase out between $153,000 – $168,000 for singles and $242,000 - $252,000 for married couples filing jointly. Married filing separate phase-out: $0 - $10,000 Yes, 2025 contributions phase out between $150,000 - $165,000 for singles and $236,000 - $246,000 for married couples filing jointly. Married filing separate phase-out: $0 - $10,000 |
| Tax Deduction: | No |
| IRS Penalties for Early Withdrawal: | None if:
|
| Required Distributions: | Only after death of the participant |
| Contribution Age Limit: | None |
Roth IRA Investment Options
- Savings Account - $100 minimum deposit or $25 with automated deposits
- Certificate Accounts - $100 minimum deposit or $25 with automated deposits, 6-month, 1-year and 2-year terms
Traditional and Roth IRA Accounts are separately insured to $250,000 by the National Credit Union Administration, an agency of the United States Government. Coverdell Education Savings Accounts are insured under the same provisions as irrevocable trust accounts.
* Offer applies to new Traditional and Roth IRAs or additional contributions to existing Star One IRAs from external funds, transfers, conversions, or rollovers from employer plans or outside IRAs. Transfers from existing Star One IRAs and accounts do not qualify. The minimum of $2,500 qualifying assets is the total amount of your deposits and transfers minus any withdrawals. Funding must occur within 90 days of IRA opening to earn the bonus. Offer not valid for ESAs. Limit one bonus per calendar year. Bonus will be deposited into your Star One IRA as a dividend bonus credit at account opening, or when the IRA funds are deposited. Bonus will not be reported to the IRS as an IRA contribution and any taxes related to the bonus are your responsibility. 3.51% APY (Annual Percentage Yield) on IRA Savings Accounts and 3.60% APY on 6-month, 1-year and 2-year IRA Certificate Accounts for Traditional Contributory IRA, Traditional Rollover IRA, Traditional Inherited IRA, Roth Contributory IRA, Roth Conversion IRA, and Roth Inherited IRA. APY is effective February 12, 2026 and is subject to change. Fees may reduce earnings. Other terms and conditions or eligibility criteria may apply. Promo code: IRA BONUS.