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IRA Investing | Redstone Federal Credit Union

Live Brighter®

in the retirement of your dreams

IRA Investments

After years of hard work and planning, your retirement should offer you the relaxation and financial security you’ve always dreamed about. Individual Retirement Accounts (IRAs) provide more opportunities for investing your retirement money.

Which IRA is right for you? Should you choose a Traditional or Roth IRA? A Financial Consultant from Redstone Brokerage Services can help you make wise choices about your retirement plans, so you can enjoy your next stage as you’ve always envisioned it.

BrokerCheck FINRA

Borrow up to

$424,100

Buying in TN? Some counties are eligible for higher loan limits.
Click here for more details.

Finance up to

95%

of purchase price or appraised value, whichever is less.

You may also want to consider

VA loans

Optional Coverage for Broader Protection

Enhance your protection by adding coverage options that meet your needs.

Additional Replacement Cost Coverage 

Can pay up to 125% or 150% of your policy limits for a

Replacement Cost  Contents Coverage 

Covers the cost of replacing personal items in your home that may be damaged or destroyed by a covered loss regardless of depreciation.

Identity Fraud Protection 

Pays for expenses incurred to regain your identity, including identity restoration services.

Featured Rates:

Interest rate as low as:APR as low as:
10 Year Adjustable Rate Mortgage3.375%4.091%
30 Year Fixed VA Loan4.250%4.537%
Home Equity Line of Credit (HELOC)N/A4.625%

How it works:

  • You choose the down payment amount, either 5% or 10% 
  • We finance 80% of the purchase price or appraised value, whichever is less
  • The remainder is financed as a second mortgage or home equity loan

Need help with your down payment or closing costs? We offer assistance programs to first-time home buyers, veterans, and community partners.
See if you’re eligible
Learn more about Private Mortgage Insurance , including Lender-Paid and Borrower-Paid.

Traditional IRA

  • Contributions may be tax deductible (check with your tax advisor). Contribution limits may apply.
  • Earnings are tax-deferred until withdrawn. Withdrawals prior to age 59 may result in a 10% IRS penalty tax.
  • Available to those under 70 ½ with earned income. Required minimum distributions must be taken once you reach age 70 ½.

Roth IRA

  • Contributions are not tax deductible
  • Earnings are tax-deferred until withdrawn. Withdrawals from the account may be tax- free, as long as they are considered qualified. Limitations and restrictions may apply. Withdrawals prior to age 59 may result in a 10% IRS penalty tax.
  • You may be able to contribute to a Roth IRA for yourself or your spouse if you have earned income. Limitations may apply dependent on income level and filing status.

The benefits of investing with Redstone Brokerage Services

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Financial Consultants

who are knowledgeable, experienced, and focused on helping you succeed using practical investing strategies that fit your life

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Free portfolio review

with your Financial Consultant, allowing you to assess where you are now, outline a comprehensive investment plan, and address your questions and concerns

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Convenience of having it all in one place

when you invest with Redstone Brokerage Services

View your Investments

View your investments 24/7

with Redstone's free Online Banking tools

Ready to open a Redstone credit card? 

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Send us an email info@redstonebrokerage.com

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Schedule an appointment. Please call 256-722-8351 or
800-234-1234 ext. 8351

Schedule an Appointment .Please call 256-882-8500 to schedule an appointmentbefore you visit a branch

Home Equity Line of Credit

Borrow up to

$150,000

Minimum loan amount $10,000.

Finance up to

100%

of the appraised value of your home

APR as low as

4.625%

Key Features

  • Variable rate, tied to Prime.
  • Borrow funds as needed. Advance through online banking or access with your HELOC Visa credit card.
  • Payments are due on the 15th of every month.
  • Minimum monthly payment is 1.5% of outstanding balance or $100.00, whichever is greater.
  • May be eligible for tax benefits on interest (check with your tax advisor).
  • No annual fee, no appraisal fee, no closing costs.

Ready to apply for a Home Equity Line of Credit? It’s easy!

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Why Mutual Funds?

Diversification

With a single investment, you can invest in several different areas. Diversification offers your portfolio more protection; even if some of your investments aren’t doing well, you’ll still be able to benefit from the ones that are.

Professional Management

Fund managers are experts. They decide where to invest and when to buy and sell. They have the knowledge and the resources to make these decisions, and you stand to benefit from their expertise.

Fewer Transaction Fees

A mutual fund enables you to own a share of many different companies without having to pay individual transaction fees for each purchase. You’ll spend more of your money on your investments rather than on fees.

Flexibility and Access

Most mutual funds offer you the opportunity to buy and sell your shares on a daily basis, providing you with more freedom to access your money.

Securities and advisory services offered through LPL Financial, a registered investment advisor member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. The investment products sold through LPL Financial are not insured Redstone Federal Credit Union® deposits and are not NCUA insured. These products are not obligations of Redstone Federal Credit Union and are not endorsed, recommended, or guaranteed by Redstone Federal Credit Union or any government agency. The value of the investment may fluctuate, the return of the investment is not guaranteed, and loss of principal is possible.

The services offered within this investment site are available exclusively through our U.S. registered representatives and are available for U.S. residents only. LPL Financial Registered Representatives associated with residents of Alabama and Tennessee. Please note that not all of the investments and services mentioned are available in every state.

RFCU and Redstone Brokerage Services are not registered broker/dealers.  LPL Financial is a separate entity from and not affiliated with RFCU or Redstone Brokerage Services.  RFCU does not warrant, guarantee, or insure any product or service offered by LPL or Redstone Brokerage Services. Redstone Brokerage Services and RFCU do not provide tax advice.  Please consult your tax advisor for your specific questions.

Must be RFCU member to obtain investment products.  Must be eligible for membership and open a share savings account in order to join.  A $5.00 minimum balance is required to open and mus be maintained in share savings account at all times.  Fees and other restrictions may apply.  RFCU and Redstone Brokerage Services are affiliated but separate entities.

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Are you ready to join the credit union that puts you first? Become a member of the Redstone family and you’ll start enjoying the great rates, personalized financial advice, and excellent customer service Redstone is known for.

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This credit union is federally insured by the National Credit Union Administration.


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Redstone is an Equal Credit Opportunity Lender.

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Equal Housing Lender | Redstone Federal Credit Union

Redstone is an Equal Credit Opportunity Lender.

This credit union is federally insured by the National Credit Union Administration.


Visa is a registered trademark of Visa International Services Association.

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