Snowball your savings! Choose one of our IRA & Share Certificate Specials and watch your savings grow. 6-month IRA & Share Certificate 3.50% APY* (New money special 3.75% APY*^). 9-Month IRA & Share Certificate 5.25% (5.35% Annual Percentage Yield/APY*). 12-Month IRA & Share Certificate 4.00% APY (New Money Special 4.25% APY*^). *Annual Percentage Yield (APY) accurate as of 1/1/2024. Minimum opening balance of $1,000; maximum opening balance of $100,000. Rates subject to change without notice. For all Certificates, APY assumes dividends remain on deposit until maturity. Early withdrawl penalties apply. Fees may reduce earnings. No other bonuses apply. Dividends are compounded and credited quarterly. Membership eligibility required. ^.25% bonus for new money. Funds used to open IRA/Share Certificates must be new money and cannot come from a HUD Federal Credit Union account. No other bonuses apply.


IRA Accounts

It’s never too soon to start saving for the future. Whether you’re planning ahead for your child’s educational expenses or your own retirement, an Individual Retirement Account (IRA) from HUDFCU is a smart choice. We offer two types of IRAs Certificates: Traditional and Roth.

Learn more about the differences between Traditional and Roth IRAs

Traditional IRA Roth IRA
Contributions are tax-deductible Contributions are not tax-deductible
Earnings grow tax-deferred Earnings grow tax-free
Withdrawals are taxed Qualified withdrawals are tax-free
Contribute up to age 70 ½ Contribute at any age
Mandatory distribution at age 70 ½ No mandatory distribution

Not sure how to plan ahead for retirement? Use our Retirement Planning Tools to help get a head start before you depart! Click here for more details.

To open an IRA account, you must be a member of HUDFCU. Establishing your membership is easy – just open a primary share savings account. See if you’re eligible for membership. For additional information or assistance, please call us at 202-863-2800 ext 3.