Traditional IRAs offer a healthy, low risk mix of investments that earn interest that compound over time. A solid option for those who don’t have a 401(k)—or have money from one they need to transfer—this type of IRA also enables you to lower your taxable income today while saving for tomorrow.
Pay your taxes right up front and get many of the same benefits as a Traditional IRA. Plus, unlike a Traditional IRA, you won’t be penalized for making withdrawals on your contributions before retirement.
Simple. It’s right in the name. Designed for businesses too small for a 401(k), a SEP IRA offers the self-employed and small business owners the opportunity to save for their retirement—and also offers that benefit to any employees.
Similar to 529 savings accounts, a Coverdell ESA lets you invest your money tax-free—and withdraw it tax-free for qualifying education expenses.
Have you already saved $100,000 or more for retirement? Our Jumbo Share certificates—available as a Traditional or Roth IRA—reward you for everything you’ve already saved with some of our strongest rates.
|Term||Annual Percentage Yield||Minimum to Earn Dividends||Minimum Opening Balance|
|Term 6 Month||Annual Percentage Yield 0.25%||Minimum to Earn Dividends $100,000.00||Minimum Opening Balance $100,000.00|
|Term 12 Month||Annual Percentage Yield 0.55%||Minimum to Earn Dividends $100,000.00||Minimum Opening Balance $100,000.00|
|Term 24 Month||Annual Percentage Yield 0.55%||Minimum to Earn Dividends $100,000.00||Minimum Opening Balance $100,000.00|
A penalty for early withdrawal may be imposed. Fees may reduce earnings. Rates effective as of February 13, 2020. Rates subject to change without notice. Consult the IRS website for more information on IRA topics, including qualifying exceptions to the early withdrawal penalty tax. Federally insured by NCUA.
IRA Shares: No minimum investment.
IRA Certificates: Minimum to earn dividends: $500.