BMI Federal Credit Union
Individual Retirement Accounts
Long Term Financial Freedom
Financial freedom comes from smart moves in savings. BMI Federal Credit Union can help with long-term savings products such as Individual Retirement Accounts (IRAs).
Explore your options:
- Traditional IRA: A Traditional IRA allows you to save for retirement with tax-deferred earnings.
- Roth IRA: A Roth IRA helps you save for retirement with the potential for future tax-free income.
- Coverdell Educational Savings Account (ESA): An ESA is an easy way to start saving for a child’s education.
Learn more: What is the difference between a Roth IRA and a Traditional IRA?
Our IRA and ESA products are federally insured for $250,000 per account. Each member receives an additional $250,000 in Excess Share Insurance for a total of $500,000 in deposit protection.
are tiered rewards based on a combined loan and deposit balance, and can earn reduced loan rate, increased dividends, and other benefits for services.