Mobile menu navigation

Traditional and Roth IRAs

Free Investment Consultation
Open an Account

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.

Open an Account

IRA Money Market Account

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

Open an Account

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  • Contributions are non-deductible and may be withdrawn anytime without penalty or taxation.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.

Get the information you need to make the best decision for you.

Answers to your questions - Traditional and Roth IRAs

Traditional IRAs – Save for your retirement with a Traditional IRA. Click on the image to learn more.

Answers to your questions - Traditional IRAs

Save for your retirement with a Traditional IRA. Click on the image to learn more.

Answers to your questions - Roth IRAs

Prepare for your future with a Roth IRA. Click on the image to learn more.

Answers to your questions - Inherited IRAs

Inherited IRAs – Understand your beneficiary distribution options. Click on the image to learn more.

Answers to your questions - Coverdell ESAs Coverdell ESAs – Help the child in your life achieve a bright future. Click on the image to learn more.

Answers to your questions - Retirement Plans

Retirement Plans – Find the right retirement plan for your business. Click on the image to learn more.

Answers to your questions - Transfers, Rollovers, and Conversions

Transfers, Rollovers, and Conversions – Move your retirement savings without losing tax benefits. Click on the image to learn more.

Answers to your questions - IRA and Retirement Plan Distributions

IRA and Retirement Plan Distributions – Is it time to cash in on your retirement savings? Click on the image to learn more.

Answers to your questions - SEP, SIMPLE IRA, and Individual(k) Plans

SEP, SIMPLE IRA, and Individual(k)TM Plans – There's a plan for your business. Click on the image to learn more.

Table data for Traditional and Roth IRAs
 Rates effective 07-26-2021
Dividend Rate APY1 Alert Me
IRA Share Account (min. bal. $1) 0.10% 0.10% Receive a notification when this rate changes
IRA Money Market (min. bal. $2,000) Dividend Rate APY1 Alert Me
Balance less than $2,000.00 0.00% 0.00% Receive a notification when this rate changes
$2,000.00 - $9,999.99 0.10% 0.10% Receive a notification when this rate changes
$10,000.00 - $24,999.99 0.20% 0.20% Receive a notification when this rate changes
$25,000.00 - $49,999.99 0.25% 0.25% Receive a notification when this rate changes
$50,000.00 - $74,999.99 0.25% 0.25% Receive a notification when this rate changes
$75,000.00 - and over 0.35% 0.35% Receive a notification when this rate changes
IRA Certificates (min. bal. $500) Dividend Rate APY2 Alert Me
6 Month 0.40% 0.40% Receive a notification when this rate changes
12 Month 0.50% 0.50% Receive a notification when this rate changes
18 Month 0.65% 0.65% Receive a notification when this rate changes
30 Month 0.70% 0.70% Receive a notification when this rate changes
60 Month 1.00% 1.00% Receive a notification when this rate changes
  • 1IRA. APY = Annual Percentage Yield. The minimum to open this account is $1.00 (for the IRA Share Account) and $2,000 (for the IRA Money Market Account). For this type of account, the dividend period is monthly, for example, the beginning date of the first dividend period of the calendar year is January 1, and the ending date of such dividend period is January 31. All Other dividend periods follow this same pattern of dates. The dividend declaration is the last day of the dividend period, and for the example above is January 31. If you close your account before dividends are paid, you will not receive the accrued dividend. Your funds at Hanscom FCU are federally insured up to at least $250,000 by the National Credit Union Administration (NCUA), an agency of the federal government. Please refer to the Disclosure for Personal Accounts for more information.↵
  • 2APY = Annual Percentage Yield.↵

Other Stuff

About Us

Annual Meeting

Perks at Work

Careers

Foundation

Media Center

Support

Accessibility

Disclosures

Forms

Privacy Notice

Online Privacy Notice

Workplace Privacy Notice

Contact

800-656-4328

COVID-19 Member Updates

Contact Us

Locations

CU Service Centers

Upcoming Events

Routing #

2113-8048-3

MAILING ADDRESS

Hanscom Federal Credit Union
Operations Center
25 Porter Road
Littleton, MA 01460-1434

Social
  • National Credit Union Administration
  • Equal Housing Lender
  • 2021 © Hanscom Federal Credit Union. All rights reserved.
    This credit union is federally insured by the National Credit Union Administration.

Hanscom Federal Credit Union is committed to providing a website that is accessible to all. We have implemented the recommendations of the Web Content Accessibility Guidelines (WCAG) as published by the Web Accessibility Initiative (WAI) of the World Wide Web Consortium (W3C), and endeavor to conform to WCAG 2.0 Level AA of those guidelines.

There is no definitive test or certification of conformance to Level AA of the WCAG, but we have used a variety of methods for assessing accessibility. If you find a part of the site that you feel does not conform to Level AA of the WCAG, please contact us so we can evaluate the issue.

Please note: We chose to use the WCAG guidelines for compliance because they are determined by the W3C, the consortium responsible for creating guidelines for the Internet. For more information about Level AA Conformance, visit the World Wide Web Consortium.