Individual Retirement Accounts
About Retirement Investments with LCEF
Planning for retirement doesn’t have to be overwhelming. At LCEF, our retirement investments make it easy to align your savings with your financial goals and your faith. Earn a competitive interest rate while empowering LCMS ministries to grow, thrive and share God’s love. It’s a partnership of Lutherans helping Lutherans, strengthen the Church’s mission to proclaim Christ’s love.
Don’t forget to set up regular contributions and become familiar with IRS limits each year, so your savings can grow over time.
Explore the Benefits
Open account with $100.
Compounded interest paid monthly.
Support LCMS Ministries.
MyAccount online and mobile app access.
Which retirement investment is right for you?
Traditional IRA
Coverdell Education Savings Account
Roth IRA
IRA Term Notes
Jumbo IRA
Dedicated Savings
IRA Dedicated Certificate
| Minimum | Rate | APY* |
|---|---|---|
| $100 | 1.750% | 1.762% |
IRA Floating Jumbo Note
| Minimum | Term | Rate | APY* | Penalty |
|---|---|---|---|---|
| $100,000 | 60 mos. | 4.500% | 4.577% | 180 days of interest |
Individual Retirement Accounts (IRAs) are also available as fixed-rate term notes.
* APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance.
Open Your IRA Today
Our step-by-step questionnaire guides you through the entire process of starting an IRA, making a contribution or rolling over assets from another financial organization or an employer-sponsored retirement plan.
Join Lutheran Investors Like You
Sarah Grack-Moritz
School Technology & Innovation, Orange, Calif.
“I am an LCEF investor because we believe in what LCEF does. LCEF helps schools and churches … get loans that they would never have been able to get so that we can promote the spreading of the Gospel and support the community around us.”
Rev. Adam Salinas
Concordia Lutheran Ministries, Freeport, Pa.
“I enjoy investing in LCEF because I know that our money goes towards building new churches and schools. I enjoy investing with them because they are caring and supportive in the financial services that they provide.”
FAQs
Helpful Documents
Open Your IRA Today
Our step-by-step questionnaire guides you through the entire process of starting an IRA, making a contribution or rolling over assets from another financial organization or an employer-sponsored retirement plan.
Still not sure which retirement account is right for you? Read more here.