It's never too early or too late to begin saving for retirement. Secure your financial future with a Tyndall Federal IRA Contributory or IRA Certificate Account. We have a retirement plan for any budget, with a number of account options and very competitive rates. We also offer Education IRAs to help you save toward qualified higher education expenses for a minor child.

IRA Certificate Accounts (Arrangements) are opened for a specified term and earn a specified rate during that term.  Once the account/arrangement is opened, additional deposits to the certificate may only be made after it matures (at the end of the specified term).

An IRA Contributory Account (Arrangement), which may be opened with a smaller initial deposit than the Certificate, does not have a specific ''maturity'' date.  Although the Annual Percentage Yield (APY) for the IRA Contributory is generally not as high as that of the IRA Certificate, deposits may be made to it at any time (up to the maximum allowed per year per IRS regulations).  This makes it easier for those on a fixed budget to begin saving toward retirement or higher education.

As always, please consult your tax advisor for help in determining which type of IRA will best suit your individual needs.

Retirement Plans

Traditional IRA:

  • IRA Certificate Account - Minimum to open and earn APY: $1,000
  • IRA Contributory Account - Minimum to open and earn APY: $50

Roth IRA:

  • IRA Certificate Account - Minimum to open and earn APY: $1,000
  • IRA Contributory Account - Minimum to open and earn APY: $50

Coverdell Education Savings Account (Education IRA):

  • IRA Certificate Account - Minimum to open and earn APY: $250
  • IRA Contributory Account - Minimum to open and earn APY: $50

IRA Certificate Terms Available:

  • 12 Months
  • 18 Months
  • 24 Months
  • 36 Months
  • 48 Months
  • 60 Months

Whether you are interested in opening an IRA or just want additional information about Tyndall IRAs, please visit Retirement Central.

Click here for disclosures and more information.

Retirement Central

From the secure Retirement Central web site, you may:

  • complete the documents necessary to open or manage a Tyndall Federal IRA. Important note: Completing the documents does not open the IRA. Until the credit union receives the documents and the account is funded, it is not open.
  • get answers to many or your IRA questions
  • calculate your distribution amount.
  • read helpful articles available to help guide you toward the best Retirement Plan for you.

If you have questions, please feel free to e-mail our IRA Administrator from the link on the Product & Services page of Retirement Central.

 


 

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  • You are linking to an alternate web site not operated by the credit union;
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