Family First
Family First

Our phone system is currently experiencing technical difficulties and calls may not connect. Our vendor is aware of this issue and is working to rectify it. 

All Family First branches and the call center will be closed on Monday, January 16 for Dr. Martin Luther King Jr. Day. Have a safe and enjoyable holiday!
We have been informed that some debit and credit card authorizations are currently being rejected. Our card processor has been informed and is working to rectify the situation. We apologize for any inconvenience this may cause.

IRAs

Individual Retirement Accounts

Have you started planning for retirement? Feel more secure with a Family First IRA. Start saving for your future now with our flexible plans that have no maintenance fees or commission costs. Your retirement money is safe at Family First because it is not subject to market fluctuations and your retirement account is insured separately up to $250,000.

Which IRA is right for you?

Both Traditional and Roth IRAs offer attractive financial benefits, so which one best fits your needs? If you are unsure, consider this:

A Roth IRA is great if you don’t need a tax break right now. It’s a more flexible investment because you can withdraw regular contributions at any time, tax-free and penalty-free. The Roth IRA also offers flexibility during retirement because it does not require you to start taking distributions at age 72 like most other IRA accounts (70 ½ if you reach 70 ½ before January 1, 2020).

A Traditional IRA is an excellent choice if you want a tax deduction now or if you anticipate being taxed at a significantly lower rate in retirement.  Your contributions grow tax-free and then are subject to income tax based on your taxation rate at the time of withdrawal. 

Family First offers both IRA investment options, with risk-free IRA Savings, IRA Certificates of Deposit and IRA MoneyBuilder accounts. Remember, the sooner you start saving, the more you’ll enjoy your retirement!

Ways to Save

IRA MoneyBuilder Account
Invest your IRA funds into an IRA MoneyBuilder and benefit from the higher tiered rates this account offers. The more you save, the more you’ll earn in dividends. Set up a direct deposit and your funds will automatically be contributed for the current year. A $1500 minimum opening balance is required for IRA MoneyBuilder accounts.

IRA Certificates
IRA Certificates are a great, risk-free way to save for your retirement. Family First offers Traditional and Roth IRA Certificate options, with a variety of terms ranging from 3 to 60 months. Competitive dividend rates are compounded daily and reinvested. A $500 minimum opening balance is required for all IRA Certificates.

Joining is easy!

Become a member when you open an account online today or stop by one of our branches to see what the Family First experience is all about!

You are now leaving https://home.familyfirstny.com/

By accessing this link you will be leaving the Family First Federal Credit Union’s website and entering a website hosted by another party. Family First Federal Credit Union is not responsible for its products, services, or overall website content. We encourage you to read and evaluate the privacy and security policies of the site you are entering, which may be different than those of Family First Federal Credit Union. If you choose to conduct business there, you will be conducting business with another party’s website.