Discover
Rates & Terms FAQ Eligibility Next Steps

Understanding IRAs During Tax Season


During tax season, it is time to think about IRA eligibility and tax statements. Please note the following details.

 

Eligibility

Please refer to the eligibility requirements below to help determine which IRA best fits your needs.
 

Traditional IRA

  • You did or you will receive earned income for the tax year specified

Roth IRA

  • You did or you will receive earned income for the tax year specified
  • You and your spouse (if applicable) did or will receive Modified Adjusted Gross Income (MAGI) less than the maximum permitted for the tax year specified
     

Tax Statements

  • Members who receive their monthly statement in the mail will be sent a paper copy of their tax statements.
  • APCI eStatement users will need to log in to APCIRCUIT® when notified via email and select the eStatements tab, followed by Tax Statements, to access their tax statements.
    • APCI eStatement users will not receive a paper copy of their tax statements.
    • If you are an APCI eStatement user and do not receive your email notifications, please contact the Credit Union.


If you have any questions, please call one of our IRA experts at 800-821-5104.

  • Al Kauffman, Certified IRA Professional, at ext. 2840
  • Michelle Roxbury, Certified IRA Professional, at ext. 2876
Go to main navigation