Tax-free growth for a more flexible retirement
A Roth IRA from Meriwest helps your money grow tax-free, so you can enjoy more flexibility and control in retirement. Open your Roth IRA today!
- Schedule a consultation with one of our Meriwest Wealth Advisors
- See our Rates
2026 Contribution Limits
- Up to $7,500 annually
- Up to $8,600 if age 50+ (catch-up contribution)
Income Eligibility
- Full contribution if income below
- $153K (single)
- $242K (married filing jointly)
Limits may change annually—consult advisor”
Ready to Take Control of Your Retirement?
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Learn About the 2026 and 2025 MAGI phase-out ranges
The 2026 and 2025 MAGI phase-out ranges are listed below:
Filing Status 2026 MAGI 2025 MAGI Single, head of household or married filing separately (if you didn't live with spouse during year) $153,000-$168,000 $150,000-$165,000 Married, filing jointly or qualifying widow(er) $242,000-$252,000 $236,000-$246,000 Married, filing separately (if you lived with spouse at any time during year) $0-$10,000 $0-$10,000 -
View Current Rates
For complete information regarding IRA's, view the www.irs.gov website Earn an even higher dividend rate by investing in an IRA certificate!
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How IRA's are Insured
Traditional IRA and Roth IRA accounts are insured separately up to $250,000 from other accounts that are maintained in Meriwest Credit Union. View NCUA's Your Insured Funds brochure for detailed share insurance information.
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How to Open an IRA
To open an IRA account or get more information, call (877) 637-4937 or visit one of our Meriwest Financial Centers.
You can discover more options by calling a Meriwest Wealth Advisor directly at 408-866-1002.
Please consult your tax advisor regarding your individual situation.
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Calculate Your Savings
Your actual rate, payment, and costs could be higher. Get an official estimate before choosing a loan. Loan and Interest calculators are for estimation purposes only.
People Usually Ask:
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What is an IRA?
An IRA is an independent retirement account that helps you save for retirement with tax advantages. To help you reach your financial goals by the time you're ready to retire, Meriwest offers a wide range of insured options for your retirement investing including Traditional, Roth, and Accumulative IRAs.
View our IRA pages.
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What is a Roth IRA?
A Roth IRA is a retirement account where contributions are made with after-tax dollars, but qualified withdrawals—including earnings—are tax-free.
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Who is eligible to contribute to a Roth IRA?
Eligibility depends on your income (MAGI) and filing status. Contributions may be reduced or eliminated at higher income levels.
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How much can I contribute to my Roth IRA?
For 2026, up to $7,500 annually ($8,600 if age 50+), or your earned income—whichever is lower.
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When can I withdraw my money from a Roth IRA?
- Contributions: anytime (no taxes/penalties)
- Earnings: tax-free after age 59½ and 5 years
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Can I convert a Traditional IRA to a Roth IRA?
Yes—you can convert, but taxes may apply. Talk to a financial advisor first.