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IRA Services

Traditional IRA

IRAs (Individual Retirement Accounts) provide a way to earn tax-deferred interest while saving for the future. ALEC offers two types of Traditional IRAs -- share accounts used to build an IRA and certificate accounts to lock in a higher rate on your investment. 

Roth IRAs

Roth IRAs provide a way to earn tax-free earnings while saving for your future. This unique IRA certificate account is a flexible tax-free investment. Consult your tax advisor before opening a Roth IRA.  

Education IRAs

Coverdell education IRAs provide tax-free earnings while saving for post-high school educational expenses. Consult your tax advisor before opening an Education IRA.   


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Contact ALEC today to open an account by calling 847.688.8000 or 800.762.9988.

For additional information on  IRAs, download the PDF brochures below. 

 Roth IRA Traditional IRA Comparing your IRA Options Intro to Traditional and Roth IRAs Coverdell Education Savings Account IRA Rollovers Credit Union IRAs Employer's Guide

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