IRA Savings Accounts
6-Month IRA Certificate SPECIAL RATE 4.55% APY*
9-Month IRA Certificate SPECIAL RATE 4.60% APY*
$1000 minimum deposit**
Visit a local branch or call 1-609-877-1911 to open up your IRA Certificate!***
*APY = Annual Percentage Yield. Fees could reduce earnings on the account. Rates subject to change at any time without notice. A penalty will be imposed for withdrawals made prior to maturity. You will pay an early withdrawal penalty of up to 120 days of dividend payment on your IRA (Certificate). **There is a $1,000 minimum deposit. ABCO reserves the right to modify this offer at any time. ***In order to open an IRA Certificate by phone, you must have an IRA Savings Account. Visit a local branch to open up an IRA Savings Account.
An IRA Savings Account will help you to enjoy a better retirement and supplement your Social Security or other pension plans. In addition, depending on your individual situation, it may provide some substantial tax benefits. Just about anyone can open a traditional IRA. The interest on that money accrues tax-free until you begin to withdraw from the account at retirement or after age 59½. All ABCO IRAs are safe and fully insured up to a maximum of $250,000.00.
There are other types of IRAs beyond the traditional Retirement Account. There is a Roth IRA and an Educational IRA, also known as a Coverdell Education Savings Account. The Coverdell is typically used by parents and grandparents to set aside money for their children's (or grandchildren's) education. Each type of IRA is subject to its own conditions, restrictions, and penalties. You may want to consult a tax advisor about which IRA Savings Account is right for you.
New Tier added for the IRA Regular Share Savings!
| Account Description | Minimum Balance to Earn Stated APY* | APY* |
|---|---|---|
| IRA Regular Share Savings | $100.00 - $9,999.99 | |
| IRA Regular Share Savings | $10,000.00 and up | 4.00% |
| IRA Money Fund | $25,000.00 - $49,999.00 |
How to Open an Account
Stop by one of our branches or sign up by mail. See our step by step guide to becoming a member.
Note: ABCO reserves the right to deny an application based on information provided by Chex Systems or by any other accredited source.
*Annual Percentage Yield. Fees could reduce earnings on the account. Rates subject to change at any time without notice.
An IRA Share Savings Account is required to have an IRA Certificate.
Contact Us, Call 1.609.877.1911 or visit a location for more information.
**Money Market IRA Plus accounts will be subject to the terms and conditions of the IRA selected. Please contact us for details.