close
Search
Find Location
Location
No Locations Found View all Locations
Login
Open an Account Branches and ATMs Schedule an Appointment
Checking & Savings
Checking Savings Certificates Money Markets Youth Accounts Retirement Accounts Signature Membership Auto & Personal Loans
Auto Loans Personal Loans Home Loans
Purchase and Refinance Mortgage Calculators Home Equity Investments
Wescom Financial Services Retirement Planning eVision® Online Training Rethinking Retirement Insurance
Auto Home Life Personal Credit Cards Remote Banking UCLA Wescom Foundation
Security Center Financial Education Center Wescom TouchPoints Blog Financial Calculators Contact Us About Us
We're sorry, Internet Explorer is not a supported browser. Please use Microsoft Edge, Firefox, Safari or Google Chrome Browser. We apologize for any inconvenience this may cause.
LOGIN
Search
Search
Find Location
Location
No Locations Found View all Locations
Fraudulent Text Alert: Beware of fraudulent text messages containing links asking you to verify your identity. Wescom will never ask you to sign in to your account via text message.
To report phishing on your account, please click here.
Checking and SavingsChecking & Savings
Credit Cards
Auto & Personal Loans IconAuto & Personal Loans
Home LoansHome Loans
InvestingInvestments
InsuranceInsurance

Retirement Accounts

Open Account Now Schedule an Appointment
james hose jr 6D58t6uZT5M unsplash 2x
Checking Icon

Checking
Savings Icon

Savings
Youth Accounts Icon

Youth Accounts
Certificates Icon

Certificates
Money Market Icon

Money Market

Retirement Accounts

Individual Retirement Accounts

Meet your long-term financial goals with one of Wescom’s IRA investment options.

Save For Your Retirement Dream

Wescom offers a variety of IRA investment options to help you start saving for your retirement future.

  • IRA Certificates: High-Yield Certificates with terms from 3 months through 5 years.

  • Money Market IRA: Earn higher rates on your IRA without locking your investment into a specific term.

  • Transitional IRA: Park your funds for a 3-month term while you examine your investment options after you rollover a qualified retirement plan from another financial institution.

  • Other Investment Options: Stock or mutual fund investments made through Wescom Financial Services.

IRA Rates

All rates are as of August 7, 2020 and are subject to change without notice. Certain conditions and restrictions may apply. Please call 1-888-4WESCOM (1-888-493-7266) for details and current rates.


Member Signature Member Platinum Signature Member

Certificate Accounts - Both Roth and Traditional IRAs

Open Now
Div. Rate APY*
3-Month IRA (90 to 179 days)
0.10%
0.10%
6-Month IRA (180 to 364 days)
0.15%
0.15%
12-Month IRA (12 to 17 months)
0.20%
0.20%
18 Month IRA (18 to 23 months)
0.30%
0.30%
24-Month IRA (24 to 35 months)
0.50%
0.50%
36-Month IRA Certificate
0.60%
0.60%
48-Month IRA (48 to 59 months)
0.75%
0.75%
60-Month IRA (60 months)
0.90%
0.90%
Transitional IRA* (IRA ONLY)
0.70%
0.70%

IRA Tier Plus Money Market

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.05%
0.05%
$10,000 - $24,999
0.10%
0.10%
$25,000 - $49,999
0.10%
0.10%
$50,000 - $99,999
0.10%
0.10%
$100,000 +
0.15%
0.15%

IRA Asset Maximizer

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.15%
0.15%
$10,000 - $24,999
0.20%
0.20%
$25,000 - $49,999
0.20%
0.20%
$50,000 - $99,999
0.20%
0.20%
$100,000 +
0.25%
0.25%

Certificate Accounts - Both Roth and Traditional IRAs

Open Now
Div. Rate APY*
3-Month IRA (90 to 179 days)
0.15%
0.15%
6-Month IRA (180 to 364 days)
0.20%
0.20%
12-Month IRA (12 to 17 months)
0.25%
0.25%
18-Month IRA (18 to 23 months)
0.35%
0.35%
24-Month IRA (24 to 35 months)
0.55%
0.55%
36-Month IRA (36 to 47 months)
0.65%
0.65%
48-Month IRA (48 to 59 months)
0.80%
0.80%
60-Month IRA (60 months)
0.95%
0.95%
Transitional IRA* (IRA ONLY)
0.70%
0.70%

IRA Tier Plus Money Market

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.10%
0.10%
$10,000 - $24,999
0.15%
0.15%
$25,000 - $49,999
0.15%
0.15%
$50,000 - $99,999
0.15%
0.15%
$100,000 +
0.20%
0.20%

IRA Asset Maximizer

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.20%
0.20%
$10,000 - $24,999
0.25%
0.25%
$25,000 - $49,999
0.25%
0.25%
$50,000 - $99,999
0.25%
0.25%
$100,000 +
0.30%
0.30%

Certificate Accounts - Both Roth and Traditional IRAs

Open Now
Div. Rate APY*
3-Month IRA (90 to 179 days)
0.20%
0.20%
6-Month IRA (180 to 364 days)
0.25%
0.25%
12-Month IRA (12 to 17 months)
0.30%
0.30%
18-Month IRA (18 to 23 months)
0.40%
0.40%
24-Month IRA (24 to 35 months)
0.60%
0.60%
36-Month IRA (36 to 47 months)
0.70%
0.70%
48-Month IRA (48 to 59 months)
0.85%
0.85%
60-Month IRA (60 months)
1.00%
1.00%
Transitional IRA* (IRA ONLY)
0.70%
0.70%

IRA Tier Plus Money Market

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.15%
0.15%
$10,000 - $24,999
0.20%
0.20%
$25,000 - $49,999
0.20%
0.20%
$50,000 - $99,999
0.20%
0.20%
$100,000 +
0.25%
0.25%

IRA Asset Maximizer

Open Now
Minimum Balance Div. Rate APY*
$1 - $9,999
0.25%
0.25%
$10,000 - $24,999
0.30%
0.30%
$25,000 - $49,999
0.30%
0.30%
$50,000 - $99,999
0.30%
0.30%
$100,000 +
0.35%
0.35%

*APY = Annual Percentage Yield. Rate is accurate as of 04/08/2021 and is subject to change without notice. The APY assumes dividends remain on deposit until maturity. Minimum balance to obtain APY is $500.00. Minimum opening deposit to obtain APY is $500.00. Fees could reduce the earnings on the account. A penalty may be imposed for early withdrawal.

Roth IRA

With a Roth IRA, contributions are not tax-deductible, but all distributions from the IRA are tax-free. In fact, with a Roth IRA, you can take qualified tax-free distributions as soon as five years after your first contribution. Qualified distributions include those:

  • For first-time home buyer expenses, up to $10,000
  • After reaching age 59 ½
  • In the event of death or disability

Can We Help You Find Something?

Stay On Track For Retirement

Open a Roth IRA with Wescom and take advantage of after-tax benefits as you save for retirement.

  • With the Roth IRA, you do not have to take a minimum distribution when you reach age 72.

  • Singles earning less than $124,000 per year, or couples filing jointly earning less than $196,000 annually, can contribute up to $6,000 per year (including contributions to other IRAs); those contributions phase out at higher income levels.

  • To enable older participants to “catch up” with their retirement savings, individuals 50 and older can contribute $7,000 per year.

Is a Roth IRA Right For You?

You may be wondering if you should roll your existing IRAs into Roth IRAs. As a general rule, the Roth IRAs’ tax-deferred compounding benefits younger workers most, but ask your tax advisor for advice about your specific situation. To find out more about the IRA options that are right for you, give us a call at 1-888-4WESCOM (1-888-493-7266).

Need to Get In Touch?

Schedule an Appointment View our Branches and Locations

Ready to Get Started?

Learn More

Most Common Questions

Helpful?

Let us know!
Information gathered on our website is not sold under the California Consumer Privacy Act (CCPA). Learn More close