IRA Certificate Rates

(Effective July 1, 2012)

Health Associates Federal Credit Union offers distinct Individual Retirement Accounts that are customized to meet your specific retirement needs. Below is a description of the IRA products that Health Associates Federal Credit Union offers.

Choose the IRA that meets your needs. And in times where protecting your hard-earned money for your retirement is priority, you can rest-assured that your funds will be protected by the NCUA up to $250,000.00*

Traditional IRA - Choose a traditional IRA if you want the tax-deduction right now. It also makes sense if you anticipate paying taxes at a significantly lower rate in retirement. Open a new Traditional IRA or transfer your existing IRA from another financial institution. Do you have a 401(k) plan from a previous employer? You may be able to transfer that qualified plan directly into a Traditional IRA.

Roth IRA - Choose a Roth IRA if you don't need the tax-break right now. It's a more flexible investment because:

• You can withdraw regular contributions at any time, tax-free and penalty-free.
• You do not have to take mandatory distributions at age 70 ½.

Note: The chart below does not list all rates, contact our retirement accounts specialist at 714-992-3022 ext 3028 for a complete rate sheet and to have all your questions answered.