Individual Retirement Account
Start planning for the future TODAY!
Have peace of mind with a Tyndall IRA
Retirement may be years away, but it is never too early to start planning. A Tyndall Individual Retirement Account is 100% safe—our flat interest rate means you’ll never lose money. And if you have other Tyndall accounts, all of your accounts will be in one, convenient place. It is never too early to start thinking about the future!
- Peace of mind
- Access your cash
- Track your investments
An IRA Contributory Account, which may be opened with a small initial deposit of only $50, 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 an 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. Often, people build the account up to $1,000 and then move those funds to an IRA Certificate, so they can earn a higher rate on those funds. Minimum to open and earn Annual Percentage Yield (APY): $50.
Regular IRA Certificate Accounts are opened for a specified term and earn a specified rate during that term. Once the account is opened, additional deposits to the Certificate may only be made when it matures (at the end of the specified term). Tyndall offers IRA Certificate Accounts in terms from 12 months to 5 years. The minimum required opening deposit $1,000.
Check out the features of a Tyndall IRA
- 100% safe: flat interest rate where members cannot lose money
- Visibility and movability across all your accounts and investments; roll in your 401K; Convenient (one stop shop)
- Minimum to open and earn Annual Percentage Yield (APY) is only $50