Roth Conversion IRAs | Collins Community Credit Union.
Collins Community Credit Union

Roth Conversion IRAs

Find the retirement solution that helps you ignite your financial future

A Roth Conversion IRA is the transfer of a Traditional IRA to a Roth IRA. The amount that is converted is subject to full taxation, but there is no 10% premature-distribution IRS penalty.

You have the option of a Roth IRA savings or a Roth IRA Certificate of Deposit.

For more information about Roth Conversion IRAs you may contact our Member Contact Center at 800-475-1150, contact a Collins Wealth Management Group advisor, or First Community Trust.

A transfer fee will be charged on all transfers out of the account as listed on the Fee Schedule. This fee may be waived for certain transfers.

Important Legal Disclosures

Please consult a tax advisor for additional tax information. 

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