HEALTHCARE
1st
Federal Credit Union

The Western Maryland Health System
Serving the Western Maryland Health System
Located at the Memorial Hospital Campus
of Cumberland, Maryland

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IRAs - Individual Retirement Accounts    At a Credit Union, you come first!

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View of The Narrows in Cumberland, Maryland
The Narrows
Cumberland, MD

IRAs (individual retirement accounts), traditional, Roth, or educational, are designed to help members save for retirement.  Some IRAs allow members to save without paying taxes on their IRA until they begin to make withdrawals, while others offer tax deferred earnings.  For comprehensive details and other information on strategic retirement planning please see IRS Publication 590.

If you have any questions about your IRA or are interested in opening an IRA, contact your tax advisor or a credit union staff member.

IRA accounts are now insured to $250,000.00 by NCUA.

Dividend Rate as of 1 Nov 2008:

  APR APY
IRA 3.75% 3.80%

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Copyright © 2006-2008 HEALTHCARE 1st Federal Credit Union
Website address:  http://www.healthcare1fcu.org
Last modified: October 15, 2008