Investments

Investments

Looking for some great ways to help your money grow? Whether you’re saving for a down payment on a home, funding a child’s education or protecting your retirement nest egg, NMFCU offers you a wide range of smart solutions.

IRA Contribution Limits and Catch-ups

Annual Traditional or Roth IRA contribution limits are as follows:

  • 2002 – 2004:                 $3,000
  • 2005 – 2007:                 $4,000
  • 2008 and thereafter   $5,000 (indexed beginning in 2009)

IRA holders age 50 or older may contribute an amount in excess of the basic annual contribution, as follows:

  • 2002 – 2005:                  $500
  • 2006 and thereafter –  $1,500

Online Brokerage

CUNA Brokerage is a complete on-line brokerage service from CUNA Brokerage Services, Inc. You can conduct trades, get industry news, view account status and much more…