Hudson River Community Credit Union offers a wide range of IRA products that will help make your retirement dreams come true.

• No minimum balance is required for the Traditional IRA.
• No monthly fees.
• Contributions may be made in "lump sums" or by regular deposits to the IRA Share throughout the year.
• Dividends are paid monthly.
• IRA Share Certificates are also available with a minimum deposit of $500.00, terms 12 months.
• For Current IRA and IRA Share Certificate rates, check out our Rate Board.
• To compare IRA Features, check out this Quick Comparison Chart.
•  All IRA accounts have a $10 maintenance fee charged annually.

Traditional IRA
A traditional IRA is an account that allows you to defer taxes on the earnings until they are withdrawn. Also, certain contributions may be tax deductible in the year they are made.

Roth IRA
The Roth IRA is an account that features tax-and penalty-free withdrawals anytime. Earnings are tax-free if account is open for five tax years and withdrawn for a qualified reason. Unlike the Traditional IRA, there is no requirement to begin taking distributions at age  70 1/2 ;.

Educational IRA
The Educational IRA is an account that features tax- and penalty-free withdrawals only for qualified higher-education expenses(earnings are subject to tax and penalty for other withdrawals). Funds can be transferred from one child's account to another child in the family.

Consult your tax adviser for further information.

IRA Share Certificates
Earn higher dividends with an IRA Share Certificate. IRA Share Certificates are available with a minimum deposit of $500.

*IRA Share Certificates subject to HRCCU penalties upon early withdrawal. Please see HRCCU Truth in Savings Disclosure for details.