It's never too early to start thinking about retirement. HAPO offers both Traditional and Roth IRAs as well as education savings accounts.
The benefits of investing in a Traditional IRA may include tax deferred earnings and for many people tax deductibility.
Open an Traditional IRA
- Eligibility Requirements: Earned Income / must be younger than 70 ½
- Contribution Types: Regular / Spousal, Rollover, Transfer, SEP, and Recharacterization
Roth IRAs are nondeductible accounts that feature tax-free withdrawals for certain qualified distribution reasons.
Open a Roth IRA
- Eligibility Requirements: Earned Income / Subject to modified adjusted gross income limits
- Contribution Types: Regular/ Spousal, Rollover, Transfer, Conversion and Recharacterization
Coverdell Education Savings Account (Education IRA)
This IRA allows individuals to save money for a child's education on a tax-favored basis. Distributions used to pay for certain education expenses are federal income tax-free and IRS penalty-free.
All of HAPO's IRAs are available as either a fixed rate IRA certificate or a variable one-year account. See rates for
Contact your tax or financial advisor for complete information or modified amount updates.
Open an Education IRA