Individual Retirement Accounts

Do more with your retirement with an IRA.

Choose between a Traditional or Roth IRA from the Cornerstone Fund, and earn competitive interest while experiencing the tax advantages of an IRA.

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Do more for your retirement with an IRA

No matter how near or far off your retirement is, the tax advantages of an Individual Retirement Account (IRA) can be too great to pass up. Using both an IRA and an employer-sponsored plan (such as a 401(k), 503(b), or pension plan) provides the opportunity to invest even more for your retirement. With Cornerstone Fund IRAs, you can enjoy the benefit of fixed income IRA products like term notes, while still enjoying the tax advantages of an IRA.

Choose the type of IRA that best meets your needs

There are several different types of Individual Retirement Accounts that are offered by the Cornerstone Fund. The Cornerstone Fund offers Traditional IRAs and Roth IRAs, as well as SEP IRA accounts for small business owners. The direct contribution amount you can make to an IRA on a yearly basis is limited by your age and is published annually by the IRS; there is no limit for direct rollovers from qualifying retirement accounts. We strongly encourage consultation with an independent financial or estate planning advisor when considering your IRA selection(s).

Grow your retirement savings with a Cornerstone Fund IRA

Start with as little as $500 and build your retirement savings through potential growth. Plus, your investment supports the mission of the Cornerstone Fund to offer low-cost loans to local United Church of Christ ministries and organizations.

Frequently Asked Questions

What is the minimum opening investment requirement?

A Cornerstone Fund IRA can be opened for as little as $500.

How much interest does the account earn?

Cornerstone Fund IRAs earn competitive* interest. Check out our current rates, and we encourage you to compare them to other financial institutions.

What are the monthly service charges?

There are no monthly service charges with Cornerstone Fund IRAs.

What are the eligibility requirements?

It depends on what type of IRA—Traditional or Roth. A Traditional IRA requires that you be under the age of 70-1/2 years old and meet other earned income guidelines, as defined by the IRS. A Roth IRA has income level contribution requirements.

Are contributions tax-deductible?

It depends. Contributions to a Traditional IRA can have tax deductions depending on your income and size of contributions. Roth IRA contributions are not tax-deductible; instead, withdrawals from a Roth IRA (after age 59-1/2) are tax-free.


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