Roth IRA

Grandmother and grandson.

With a Roth IRA, interest and capital gains accumulate federally tax-free. As your money grows, it’s all yours for retirement.

Low Minimum Deposit

Just $100 opens your Roth IRA.

No Minimum Balance

Put away as much as you can  for retirement with a Roth IRA.

Tax-Free Growth

Your earnings grow federally tax-free.1

Penalty-Free Withdrawals

Use the money for qualified higher-education expenses, first-time home purchases, disability and qualifying medical expenses.

Payable to Beneficiaries

Your family will receive the money when you’re not there to support them.

Withdrawals Start at 59½

Tax-free withdrawals start at age 59½ provided the account has been open for at least five years.

Ready to open your Roth IRA?

Need a little extra help managing your finances?

Pick Up Some Saving Strategies

Saving for the future can be as simple as putting away a little money from every paycheck, or as complicated as calculating the compound interest and planning ahead decades in advance. Learn how to save like a pro with this short eLearning course.

Start this online course>>

Master Your Spending

Check out our Wallet Wisdom resources for help with:

  • How to spend your money based on your priorities.
  • Becoming a budgeting pro.
  • Saving for a new car or a home.

Find Wallet Wisdom>>

Calculators to help you save and spend smart

Ready to open your Roth IRA?

Disclosures

1 The information above is not intended as tax advice. Please consult a tax professional with regard to your own situation.

Third Party Site Disclaimer

We may provide links to external websites that refer to third party services and products available to Hawaii State FCU members. Please review the terms and conditions of use carefully. Such services and products are not obligations of, nor endorsed or guaranteed by, Hawaii State FCU nor the National Credit Union Share Insurance Fund. We do not make any express or implied representation or warranty to you concerning the quality, safety or suitability of external websites, or their services or products. Alternative services and products may be obtained from other providers of your choice. External websites are not under our control and may have different policies and security. Using the links may identify you as a Hawaii State FCU member to the external website operator.

Click “ACCEPT” to enter an external website. Click “Cancel” to return to HSFCU’s website.

Please remember to log off of Online Banking and Mobile Banking before going to any external website

Cancel Accept