Individual Retirement Accounts

Do more with your retirement with an IRA

Choose between a Traditional or Roth IRA from the Cornerstone Fund, and earn competitive interest while experiencing the tax advantages of an IRA.

No matter how near or far off your retirement is, the tax advantages of an Individual Retirement Account (IRA) can be too great to pass up. Using both an IRA and an employer-sponsored plan (such as a 401(k), 503(b), or pension plan) provides the opportunity to invest even more for your retirement. With Cornerstone Fund IRAs, you can enjoy the benefit of fixed-income IRA products like term notes while still enjoying the tax advantages of an IRA.


Choose the type of IRA that best meets your needs

The Cornerstone Fund offers several different types of Individual Retirement Accounts. The Cornerstone Fund offers Traditional IRAs, Roth IRAs, and SEP IRA accounts for small business owners. The direct contribution amount you can make to an IRA yearly is limited by your age and published annually by the IRS; there is no limit for direct rollovers from qualifying retirement accounts. We strongly encourage consultation with an independent financial or estate planning advisor when considering your IRA selection(s).


Grow your retirement savings with a Cornerstone Fund IRA

Start with as little as $500 and build your retirement savings through potential growth. Plus, your investment supports the mission of the Cornerstone Fund to offer low-cost loans to local United Church of Christ ministries and organizations.

Goldstar Trust Company serves as custodian of the Fund’s IRA/ESA.

Frequently Asked Questions (FAQs)

What is the minimum opening investment requirement?

A Cornerstone Fund IRA can be opened for as little as $500.


How much interest does the account earn?

Cornerstone Fund IRAs earn competitive* interest. Check out our current rates, and we encourage you to compare them to other financial institutions.


What are the monthly services charges?

There are no monthly service charges from the Cornerstone Fund. However, Goldstar Trust Company serves as the Fund’s custodian for IRAs. Goldstar Trust Company may charge fees for statements, account closings, and other services. The Cornerstone Fund pays the annual fee Goldstar Trust Company charges on behalf of our clients.

What are the eligibility requirements?

It depends on what type of IRA—Traditional or Roth. A Traditional IRA requires that you be under the age of 70-1/2 years old and meet other earned income guidelines, as defined by the IRS. A Roth IRA has income-level contribution requirements.


Are the contributions tax-deductible?

It depends. Contributions to a Traditional IRA can have tax deductions depending on your income and the size of your contributions. Roth IRA contributions are not tax-deductible; withdrawals from a Roth IRA (after age 59-1/2) are tax-free.