A smarter path to retirement from Teachers Federal Credit Union.

A Teachers Roth IRA is a strategic way to diversify your retirement savings. With benefits like tax-free earnings and withdrawals on after-tax dollars, plus no required minimum distributions, this versatile account gives you maximum flexibility for your future.1 Choose from a Roth IRA Savings account or Roth IRA Certificate to fit your needs. Schedule an appointment with Teachers today to strengthen your retirement strategy.

Roth IRA Benefits

Tax-Free Withdrawals

Access tax-free qualified distributions

Unlimited Growth

Continue growing your retirement savings at any age2

Access on Your Schedule

Enjoy flexibility in retirement with no required minimum distributions

Personalized Service

Customized guidance to help you make the most of your savings

View Rates

Roth IRA Details

Contribution Limits

The 2026 Roth IRA contribution limit is $7,500, plus a $1,100 catch-up contribution for those 50 and older.3 The 2025 Roth IRA contribution limit is $7,000, plus a $1,000 catch-up contribution for those 50 or older. Roth IRA contributions for 2025 can be made until the unextended federal tax deadline for income earned in 2025.

Eligibility

Any member with earned income may contribute to a Roth IRA, subject to income limits. For 2026, contribution eligibility is gradually reduced for married couples earning $242,000–$252,000 and single filers earning $153,000–$168,000.

Rollovers from Traditional IRAs

Traditional IRAs may be rolled into Roth IRAs, allowing you to benefit from tax-free distributions in the future. You will pay taxes on the converted amount in the year of the conversion.

Qualified Distributions

After a five-year holding period, you may receive a tax-free distribution in certain situations, including: higher education tuition, first home purchase (up to $10,000), at age 59½, and in cases of death or disability.

How to Open a Roth IRA

Schedule

Schedule an in-person appointment at one of our conveniently located branches. 

Prepare

Have your driver’s license or government-issued ID and your Social Security number (SSN) or Individual Taxpayer Identification Number (ITIN) ready. Ensure you have your beneficiary’s information on hand.

Meet

Meet with one of our financial experts to open the retirement account that fits your needs.

Fund

Fund your new account using cash, check, or a transfer from an existing Teachers account.

Schedule Appointment

Smart Tools for Better Banking

Enjoy secure 24/7 access to your account with Teachers Online and Mobile Banking.

  • View balances, monitor transactions, deposit checks, or transfer funds, and set up alerts or pay bills when linked to a Teachers checking account
  • Make fast, secure payments when you add your Teachers debit card to a Digital Wallet
  • Connect with our support team through online chat

Ready to get started? Meet with a Teachers financial expert.

More From Teachers

Traditional IRA

Contribute to your retirement savings and benefit from tax-deferred growth over time.

Learn More

Certificates

Maximize your savings with competitive interest rates, guaranteed returns, and flexible terms ranging from 3 to 60 months.

Learn More

Disclosures

1Please consult your tax advisor regarding your specific eligibility, contribution limits, and tax implications. 

2Roth IRA contribution eligibility, annual contribution limits, and tax treatment are governed by IRS rules. Individual circumstances vary, and IRS rules are subject to change.

3For 2026, total IRA contributions cannot exceed $7,500 ($8,600 for individuals age 50 or older), or your taxable compensation if lower.

Membership at Teachers is required by opening a Regular Savings account or Youth Savings account with a minimum opening deposit of $1.00.