IRA Savings Plans

IRA Savings Plans

Plan with confidence.

IRA Savings Plans: Plan with Confidence

An IRA Savings account is one of the best retirement savings tools available today.  Because IRA Savings accounts are federally insured by the NCUA1, they are a great choice for anyone who is looking for a low or no risk way to save toward retirement.

IRA Savings Account Benefits:

  • Tax-deferred or tax free growth depending on whether you choose Traditional or Roth IRA
    • Traditional IRA: contributions and earnings grow tax-deferred until withdrawal, providing more growth potential.
    • Roth IRA: contributions and earnings grow tax-free and withdrawals are tax-free, provided the IRA is held for at least five years and withdrawals begin after age 59½
  • Accumulate more: your IRA Savings account will grow faster over time since earnings are compounded.
  • Supplement your current retirement plan: you can contribute to an IRA Savings account even if you have a 401(k).

Affinity offers the following IRA Savings options: IRA Accumulator Savings Account, IRA Certificate Accounts, and IRA Money Manager Accounts – all available as Traditional or Roth IRA accounts. We can also help you rollover your retirement accounts into any of these Affinity IRA Savings accounts.

IRA Accumulator Savings Accounts

Jumpstart your savings with competitive dividend rates and zero risk. Our IRA Accumulator Savings accounts work like a regular savings account but with the tax-saving benefits of an IRA.

Open An Account
  • Can be transferred to an IRA Certificate Account for greater returns once account balance reaches $500
  • Early withdrawal penalties apply

IRA Certificate Accounts

An IRA Certificate account gives you a guaranteed rate of growth with great flexibility.

Open An Account
  • Minimum deposit required: $500
  • Must be opened with IRA funds
  • Term restrictions apply; must rollover to an IRA account after maturity
  • IRA Certificates have the same early withdrawal penalties as IRA Investment Accounts

IRA Money Manager Accounts

This money manager account2 lets you earn steady returns with minimal risk.

Open An Account
  • Tiered dividend rates based on balance
  • No penalties to transfer money to another IRA account
  • Early withdrawal penalties apply
Money Manager IRA3 Tiered Dividends
Tier 1 $0 - $499.99 See today's rates
Tier 2 $500 - $19,999 See today's rates
Tier 3 $20,000 - $34,999 See today's rates
Tier 4 $35,000 - $49,999 See today's rates
Tier 5 $50,000 and up See today's rates

1 IRA Accumulator, IRA Money Manager & IRA Certificate Accounts are insured by the NCUA up to $250,000.

2 Minimum balance, opening deposit and minimum balance to earn the stated Annual Percentage Yield (APY) depend upon the tier as indicated in the above table. If the account balance falls below the minimum stated for a particular tier, the next lowest tier's APY will apply. For example, if an account meets the minimum balance requirements for Tier 2 at the start of the dividend period, but the balance subsequently falls below the minimum balance requirement for Tier 2 during the same dividend period, then the account will earn the stated APY for the corresponding Tier 1 account. Balances below the minimum for the lowest tier will not earn an APY. Account does not include check writing privileges.