Individual Retirement Accounts
Save today for your golden years tomorrow.
Grow Your Retirement Savings with Our IRA Options
Traditional and Roth Individual Retirement Accounts to help you save for a financially secure retirement.
IRA Account Options
Premier IRA Savings Account1
- No minimum starting balance required
- Make ongoing deposits through payroll deduction or whenever you want
- Tiered rates with higher dividends for balances of $25,000 or more
IRA Certificates1,2
- Lock-in to a guaranteed higher rate of return through the certificate term
- Choose a term that best meets your goals, from 3-60 months
- Open with as little as $500.
To open an NIHFCU IRA, call us at 800-877-6440 or stop by any branch.
IRA Types at a Glance
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May be best for those who:
May be best for those who:
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Taxes on contributions
Taxes on contributions
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Taxes on withdrawals
Taxes on withdrawals
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Do I need to take a Required Minimum Distribution (RMD)?
Do I need to take a Required Minimum Distribution (RMD)?
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Age requirement for penalty-free withdrawals
Age requirement for penalty-free withdrawals
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Are deposits insured?
Are deposits insured?
Traditional IRA
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May be best for those who:
Expect to be in a lower tax bracket when funds are needed
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Taxes on contributions
No, if you are under the income limit for tax deductions
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Taxes on withdrawals
Yes. Applied on withdrawals during retirement
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Do I need to take a Required Minimum Distribution (RMD)?
Yes, beginning at age 73
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Age requirement for penalty-free withdrawals
Age 59 1/2 unless you qualify for an exception
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Are deposits insured?
Yes, up to $250,000 by the NCUA.
Roth IRA
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May be best for those who:
Expect to be in the same or higher tax bracket when funds are needed
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Taxes on contributions
Yes, as contributions are made with post-tax dollars
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Taxes on withdrawals
No. Money can be withdrawn tax-free during retirement
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Do I need to take a Required Minimum Distribution (RMD)?
No. Account holder never has to.
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Age requirement for penalty-free withdrawals
Age 59 1/2 and your account has been open for at least 5 years
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Are deposits insured?
Yes, up to $250,000 by the NCUA.
To open an NIHFCU IRA, call us at 800-877-6440 or stop by any branch.
Today’s Rates
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Balance Ranges |
APY1 |
Dividend Rate |
|---|---|---|
|
All rates, fees, and terms as of 01/20/2026 and subject to change without notice. 1 APY= Annual Percentage Yield NIHFCU IRA products are not available online. Please stop by any branch or call 1-800-877-6440 to start an IRA account. Fees may reduce earnings. |
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Balance Ranges $0-$5,000 |
APY1 0.250% |
Dividend Rate 0.249% |
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Balance Ranges $5,001-$25,000 |
APY1 0.250% |
Dividend Rate 0.249% |
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Balance Ranges $25,001 and above |
APY1 0.250% |
Dividend Rate 0.249% |
|
Term |
Minimum Deposit |
APY1 |
Dividend Rate |
|---|---|---|---|
|
All rates, fees, and terms as of 01/20/2026 and subject to change without notice. NIHFCU IRA products are not available online. Please stop by any branch or call 1-800-877-6440 to start an IRA account. 1 APY=Annual Percentage Yield. Renewal rates at maturity will be at the prevailing rates and may be higher or lower than the maturing certificate rate. Early withdrawal penalties apply for certificate accounts. Dividends compounded daily and credited monthly. Tax penalties may apply to IRA contributions or withdrawals. Annual contribution limits may apply. NIHFCU does not offer legal, tax or accounting advice. Before making any investment decisions, please consult with your legal, tax and accounting professionals. 2 Bump-up certificates allow the owner to request one rate increase for the remainder of the term if the rate NIHFCU is paying on certificates of the same term increase while the certificate is open. Must be requested via a Bump-Up form; NIHFCU will not make automatic increases. |
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Term 3 Month |
Minimum Deposit $500 |
APY1 4.000% |
Dividend Rate 3.923% |
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Term 6 Month |
Minimum Deposit $500 |
APY1 3.750% |
Dividend Rate 3.682% |
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Term 12 Month |
Minimum Deposit $500 |
APY1 3.000% |
Dividend Rate 2.956% |
|
Term 15 Month Bump-Up 2 |
Minimum Deposit $500 |
APY1 2.000% |
Dividend Rate 1.980% |
|
Term 18 Month |
Minimum Deposit $500 |
APY1 2.250% |
Dividend Rate 2.225% |
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Term 24 Month |
Minimum Deposit $500 |
APY1 2.250% |
Dividend Rate 2.225% |
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Term 30 Month Bump-Up 2 |
Minimum Deposit $500 |
APY1 2.000% |
Dividend Rate 1.980% |
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Term 36 Month |
Minimum Deposit $500 |
APY1 3.000% |
Dividend Rate 2.956% |
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Term 60 Month |
Minimum Deposit $500 |
APY1 3.000% |
Dividend Rate 2.956% |
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Term 6 Month |
Minimum Deposit $10,000 |
APY1 3.750% |
Dividend Rate 3.682% |
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Term 9 Month |
Minimum Deposit $10,000 |
APY1 3.650% |
Dividend Rate 3.585% |
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Term 12 Month |
Minimum Deposit $10,000 |
APY1 3.000% |
Dividend Rate 2.956% |
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Term 15 Month Bump-Up 2 |
Minimum Deposit $10,000 |
APY1 2.000% |
Dividend Rate 1.980% |
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Term 24 Month |
Minimum Deposit $10,000 |
APY1 2.250% |
Dividend Rate 2.225% |
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Term 30 Month Bump-Up 2 |
Minimum Deposit $10,000 |
APY1 2.000% |
Dividend Rate 1.980% |
NIHFCU does not offer legal, tax, or accounting advice. Before making any investment decisions, please consult with your legal, tax, and accounting advisor.