Traditional IRA

Saving money just got even easier! We are offering an even better rate to help get your savings in line early for a relaxing future.

Open up a new IRA Share Certificate and get 2.5% APY* for 50 months on balances over $500.† 

Don’t miss out! This offer is only available through April 17. 

A Traditional IRA allows you to contribute money before it’s been taxed so that it’s not included in your taxable earnings for the year. You won’t have to pay taxes until you withdraw funds from your Traditional IRA.

Rates and conditions differ depending on the type of account you choose:
Traditional IRA Share Savings Traditional IRA Share Certificate
  • No minimum balance requirement
  • Withdrawal and deposit without penalty
  • Dividends are paid and compounded monthly
  • Typically has a lower interest than the Share Certificate option
  • Minimum deposit of $500 required
  • 12-60 month terms available
  • Contribute up to $5,500 per year. An additional $1,000 is allowed for those over 50
  • Early withdrawal penalty applies unless you are 591/2 or older
  • Must begin making withdrawals by age 701/2
Current Rates Rates & Terms

Get your retirement on track Contact Member Services Scient Bullet 877.860.6928 Scient Bullet Find a Scient service center IRS – Traditional IRAs

Looking for other options?
Roth IRA
Coverdell Education Savings Account

Consult a tax advisor to determine what option is right for you.

*APY = Annual Percentage Yield. Stated APY is effective February 5 – April 17, 2018 only. Stated APY is valid on the special 50-month IRA Share Certificate only. †Minimum balance is $500; maximum is $250,000 in special IRA Share Certificates. Limit one special IRA Share Certificate per Social Security number. Fees or other conditions may reduce the earnings on your account. A penalty may be imposed for early withdrawal. This is a limited time offer and may be canceled at any time. Other terms and conditions may apply.