Variable IRA

Capitalize on a stronger economy.

Your savings rate adjusts with market conditions.

Deposit funds throughout the year
Interest rate varies with economic conditions
Interest rate varies with economic conditions

Choose an IRA with greater potential

While you're saving for retirement, you can take advantage of improving market conditions with the Variable IRA. Enjoy low fees, tax advantages, solid investment options and the potential to live out your dream retirement.

  • Make periodic deposits throughout the year (up to $6,000 per year, or $7,000 if over age 50)
  • Interest rate determined by the state of the economy; a stronger economy means higher returns

Michigan First is a full-service credit union with branches that are easily accessible around Metro Detroit, Grand Rapids and mid-Michigan.

Variable IRA Rates

APY1 Dividend Rate Daily Balance
0.20% 0.20% $1 to $2,499
0.20% 0.20% $2,500 – $9,999
0.20% 0.20% $10,000 – $24,999
0.25% 0.25% $25,000 and up