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News & Events

2023 Required Minimum Distribution Age Change

With the passing of the SECURE 2.0 ACT of 2022 by Congress on January 27, 2023, the Required Minimum Distribution (RMD) age has been raised to 73 in 2023 for retirement accounts including 401Ks and IRAs.

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Worcester Credit Union is insured by National Credit Union Administration (NCUA) and Massachusetts Credit Union Share Insurance Corporations (MSIC). The NCUA insures all deposits up to $250,000 per account owners. All deposits above NCUA limits are fully insured by MSIC.

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