An Individual Retirement Account is a tax deferred savings account. This account may be tax deferred depending on income level or all earnings and principle can be 100% tax free (if rules and regulations are followed). Weekly, monthly, or annual deposits are accepted up to the maximum allowed per year. IRA accounts can also receive lump sum contributions such as transfers and rollovers from other financial institutions or corporate employee plans. Dividends paid to the IRA accounts are compounded and paid monthly.
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Country Federal Credit Union
602 South Sixth Street
Macclenny, Florida 32063
Phone number: (904) 259-6702
Whereas, Country Federal Credit Union is a member owned not-for-profit cooperative financial institution formed to permit those in the field of membership specified in its charter to pool their savings, lend money to one another, and exclusively own the organization where these members will save, borrow, or obtain related financial services. Country Federal Credit Union members are united by a common bond and democratically operate the Credit Union under federal regulations.