Estate planning at Achieva CU

Yes. Achieva Credit Union partners with Trust & Will, the leading online estate planning platform, offering members a 20% discount on trust or will creation. Trust & Will helps families create estate plans, including revocable living trusts, last wills, and other estate planning documents. This partnership is separate from Achieva's in-branch trust account services. Members can access the discount through the Achieva website or by contacting member services.

Yes. IRA accounts at Achieva Credit Union cannot be retitled into a trust name, but a trust can be named as the beneficiary on a Traditional IRA, Roth IRA, or SEP IRA using an IRA Beneficiary Designation form. Achieva offers both IRA savings and IRA certificate options. Naming a trust as IRA beneficiary may have tax implications for distributions; consult a tax professional before making this designation.

Visit any Achieva Credit Union branch with your full trust agreement or certification of trust, government-issued photo ID for all trustees, and the trust's Tax ID Number (SSN or EIN). Existing checking, savings, money market, and certificate accounts can be retitled into the trust name. For revocable grantor trusts, this service is available only when a grantor is serving as a trustee and covers the grantor trustee(s). IRA accounts cannot be retitled to a trust. Contact Achieva at 800.593.2274 to confirm required documentation before visiting.

POD beneficiaries on Achieva certificates of deposit work differently than on checking, savings, and money market accounts. Per Achieva's Consumer Account Agreement, the POD designation on your Signature Card does NOT apply to Certificate of Deposit Accounts or Certificate IRAs. Those accounts are governed by a separate written beneficiary designation, so you must complete a separate form to name or change a POD beneficiary on a certificate. Any POD revocation must be in writing and accepted by the credit union to be binding. Contact Achieva at 800.593.2274 to obtain the certificate beneficiary form.

Achieva offers three money market accounts: the Premier Money Market ($2,000 minimum, check writing, unlimited withdrawals at branches or online), the Relationship Money Market ($25,000 minimum, tiered rates that increase with balance and membership tenure), and the Indexed Money Market ($10,000 minimum, rates set between 30%-80% of the Federal Funds rate, limited to five withdrawals per month). All money market accounts are NCUA insured up to $250,000.