Individual Retirement Account (IRA)

Save for a more secure retirement and take advantage of the tax benefits an IRA may offer you. You'll be amazed how fast your account will grow with regular deposits and the compounding of tax-deferred dividends. We have the traditional, Roth and Education IRAs (now called The Coverdell Education Savings Account).

Higher annual contribution limits

Starting in tax year 2002, you may put up to $3,000 per year into your traditional or Roth IRA instead of the $2,000 limit. And the annual contribution limit keeps on growing-to $4,000 in tax year 2005 and $5,000 in tax year 2008, with adjustments for inflation thereafter. These increases mean greater growth potential for your IRA.

Don't know which one to choose? View our Comparison Chart or current rates.

All it takes to open an IRA is $50.

Who can join Hawaii Central and enjoy all its benefits?
Contact us for more information.