Traditional and Roth IRAs

Guaranteed return & federally insured

Traditional and Rollover IRAs

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.

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.

Consult with a tax adviser to determine what options may be best for you in your unique situation.

Roth IRAs

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  • Contributions are non-deductible and may be withdrawn anytime without penalty or taxation.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

Consult with a tax adviser to determine what investment options may be best for you in your unique situation.

Rates

Traditional and Roth IRAs

  •  Rates effective 12-06-2016
Dividend Rate APY1 Alert Me
IRA Share Account (min. bal. $1) 0.20% 0.20%
IRA Money Market (min. bal. $2,000) Dividend Rate APY1 Alert Me
Balance less than $2,000.00 0.00% 0.00%
$2,000.00 - $9,999.99 0.25% 0.25%
$10,000.00 - $24,999.99 0.40% 0.40%
$25,000.00 - $49,999.99 0.40% 0.40%
$50,000.00 - $74,999.99 0.45% 0.45%
$75,000.00 - and over 0.55% 0.55%
IRA Certificates (min. bal. $500) Dividend Rate APY Alert Me
6 Month 0.55% 0.55%
12 Month 0.70% 0.70%
18 Month 0.95% 0.95%
30 Month 1.19% 1.20%
60 Month 1.83% 1.85%
  • 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.

Consult with a tax adviser to determine what options may be best for you in your unique situation.

IRA Resource Center

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

Consult with a tax adviser to determine what investment options may be best for you in your unique situation.