IRA Accounts


IRA Advantages

An IRA is an Individual Retirement Account, and provides either a tax deferred or tax-free way of saving for retirement. There are many different types of accounts within the world of IRAs, depending on the financial goals and situations of each individual, though traditional and Roth IRAs are the most common choices. You may be able to claim a deduction on your individual federal income tax return for the amount you contributed to your IRA.

IRA Rates updated as of November 7, 2019

IRA Divended Rate Annual Percentage Yield Minimum Balance
IRA Advantage1 0.25% 0.25% $5

IRA Certificate Rates updated as of November 7, 2019

Term Share Certificates Divended Rate Annual Percentage Yield Minimum Balance
1 Year IRA1 2.05% 2.07% $1,000
18 Months IRA1 2.15% 2.17% $1,000
2 Year IRA1 2.25% 2.27% $1,000
30 Months IRA1 2.25% 2.27% $1,000
3 Year IRA1 2.35% 2.38% $1,000
4 Year IRA1 2.45% 2.48% $1,000
5 Year IRA1 2.50% 2.53% $1,000

¹Includes Traditional IRAs, Roth IRAs and CESA's (Educational IRA's)

All rates are subject to change without notice. A penalty may be imposed for early withdrawal which could reduce the earnings on the account. APY assumes dividends remaining in the account until maturity. A withdrawal will reduce earnings.

APY is Annual Percentage Yield.  Withdrawals, penalties and fees could reduce earnings.  APY assumes dividends remain in the account until maturity. For Certificate Accounts, the Dividend Rate and Annual Percentage yield are fixed and will be in effect for the term of the account.  Account must remain open through the end of the dividend period to be paid the accrued dividends.

Print rate and fee disclosure for more information.

At Houston Texas Fire Fighters FCU, individual accounts are insured up to $500,000. This exceptional level of coverage is attained through a combination of federal insurance provided by the National Credit Union Administration (NCUA) through the National Credit Union Share Insurance Fund (NCUSIF) and from Excess Share Insurance Corporation (ESI) brought to you by American Share Insurance, a private insurance company, not affiliated with NCUA.

Click here to learn more about deposit insurance.