Vision One Credit Union

3279 Ramos Circle, Sacramento, CA 95827

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Roth Individual Retirement Account:

The Roth IRA (Roth Individual Retirement Account) is a powerful, “tax advantaged” investment product. The number one benefit of the Roth IRA is that individuals are able to grow and withdraw their wealth tax free. Restrictions may apply.


Here are the basic guidelines:

  • Single or head of household: you must earn between $112,00 to $127,000 to fully contribute to a Roth IRA
  • Married filing jointly or a qualified widow(er): you must earn between $178,000 to $188,000 to fully contribute to a Roth IRA
  • Married filing separately: you must earn less than $10,000 to fully contribute to a Roth IRA.
  • Insured by the NCUA


Contribution Eligibility:

Anyone with earned income that falls under the above guidelines can use a Roth IRA to save for retirement. How much you can save is dependent upon your age.

If you are under the age of 50 years old you can contribute $5,500 toward retirement in a Roth IRA. If you are married each individual can set aside $5,500 toward their retirement. The contribution limit is a total limit across any number of Roth accounts rather than per account.

If you are age 50 or older the same $5,500 contribution limit applies. However, you are also allowed to contribute an additional $1,000 as a "catch up" contribution toward retirement.

Please contact your tax advisor as restrictions may apply.

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