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IRAs

More Stablility

Save more for your retirement with no-fee IRA options that suit your needs.

  • Cut your tax bill.
  • Contributions grow tax-free or tax-deferred.
  • Choose from Traditional IRA, Roth, SEP, or SIMPLE accounts.

IRA Savings Account

  • Full flexibility, no risk.
  • Ideal to build balances under $2,000.

IRA Certificates

  • Make a commitment, reap the rewards.
  • Establish your certificate with as little as $500.
  • Choose your term: 6, 12, 18, 30, or 60 months.

Roth Money Market

  • Flexibility with higher yields.
  • Rates higher than the IRA Share Account when you keep a balance of at least $2,000.

Roth IRA

  • Allows you to withdraw earnings tax free if they remain in the Roth IRA for at least 5 years and you are 59½ or older.
  • Contributions are non-deductible and may be withdrawn anytime without penalty or taxation.
  • Make contributions even after you reach age 70½ and have earned income.
  • Distributions are not required after age 70½.
college study group sitting around a round table

Educational IRA

  • Save for your child's secondary education and get higher yields over traditional savings accounts.
  • Contribute up to $2,000 per year.

Real Reviews from Real Hanscom FCU Members

** IMPORTANT ** Hanscom Federal Credit Union employees are not authorized to give advice regarding tax issues. If you need help in deciding what specific IRA options may best fit their needs, please talk to your tax advisor or financial planner.