H&R Block Bank |
Take advantage of tax-deferred income from a Traditional IRA or tax-exempt income from a Roth IRA. H&R Block Bank makes
it easy for you to save, whether your goal is saving for retirement, for college, or for buying your first home.*
All IRAs offer free online access and are FDIC insured up to $250,000.
All IRAs offer free online access and are FDIC insured up to $250,000.
You can choose a Traditional or Roth based on your unique situation and savings goals.
- A Traditional IRA allows you to save money while earning interest that is tax-deferred until withdrawn. Contributions, although normally taxable upon withdrawal, are usually tax-deductible for the year that you contribute to the account.*
- A Roth IRA gives you the chance to save money while earning interest that is tax-exempt when you make a qualified withdrawal. Although contributions are not tax-deductible, there is no age limit for making contributions to a Roth IRA.*
CD IRA
H&R Block Bank offers CD IRAs that may be the best alternative if you are saving for long-term financial goals, such as education, a first home, or retirement. Fixed interest rate CDs are available from 30 days up to 5 years, depending on your needs. Choose the term and interest rate that best suit your investment plan. Plus, get potential tax breaks and savings on your current year tax return.* An H&R Block Bank CD IRA can be opened as either a Traditional or a Roth IRA.
H&R Block Easy IRA
H&R Block Bank can help you meet your short-term and long-term savings goals. You can open your Easy IRA with a $300 minimum deposit or by establishing an automatic investment for a minimum of $25 per month.** Plus, get potential tax breaks on your current year tax return.* The H&R Block Easy IRA can be opened as either a Traditional IRA or a Roth IRA.
H&R Block Bank offers CD IRAs that may be the best alternative if you are saving for long-term financial goals, such as education, a first home, or retirement. Fixed interest rate CDs are available from 30 days up to 5 years, depending on your needs. Choose the term and interest rate that best suit your investment plan. Plus, get potential tax breaks and savings on your current year tax return.* An H&R Block Bank CD IRA can be opened as either a Traditional or a Roth IRA.
H&R Block Easy IRA
H&R Block Bank can help you meet your short-term and long-term savings goals. You can open your Easy IRA with a $300 minimum deposit or by establishing an automatic investment for a minimum of $25 per month.** Plus, get potential tax breaks on your current year tax return.* The H&R Block Easy IRA can be opened as either a Traditional IRA or a Roth IRA.
* Please consult your tax professional for further information regarding tax-deductibility of Traditional IRA contributions,
tax-deferred/tax-exempt interest, limitations and tax consequences of withdrawals for college expenses and first-time home
purchases, and additional IRS rules governing both Traditional and Roth IRAs. Severe penalties may be imposed for
contributions and withdrawals not made in accordance with IRS rules.
**There is no minimum balance requirement to earn interest. The interest rate and fees associated with the H&R Block Easy IRA are subject to change after account opening at the discretion of H&R Block Bank and without prior notice. Interest will accrue daily and will be credited monthly. Fees may reduce earnings on the account. If you close your account prior to the crediting of interest, you will not receive the accrued interest. Please see your fee disclosure and account agreement for details.
**There is no minimum balance requirement to earn interest. The interest rate and fees associated with the H&R Block Easy IRA are subject to change after account opening at the discretion of H&R Block Bank and without prior notice. Interest will accrue daily and will be credited monthly. Fees may reduce earnings on the account. If you close your account prior to the crediting of interest, you will not receive the accrued interest. Please see your fee disclosure and account agreement for details.