Long Island IRAs
At Suffolk Federal, we understand the importance of planning for your retirement. Open up an IRA (Individual Retirement Account) today.
Suffolk Federal IRAs are authorized by the Federal Government, are insured up to $250,000, and provide tax benefits to eligible members to help accumulate their funds for their retirement. Suffolk Federal offers an IRA Share account in addition to IRA Certificate accounts. The dividend is calculated on a day of deposit/day of withdrawal basis and credited monthly. Try our Savings Calculators to determine what you can earn on your investment account.
IRA Certificate Accounts
Suffolk Federal IRA Certificate Accounts is a term investment offering a guaranteed dividend rate to maturity. Certificate accounts provide higher yields on funds invested for three months to five years. With a minimum opening amount of $500, the dividend is calculated on a day of deposit/day of withdrawal basis using the daily balance method and credited monthly. Penalty for early withdrawal.
To learn how you can benefit from our IRA and IRA Certificate Accounts, contact us at 631.924.8000 or visit one of our branch locations throughout Suffolk County, Long Island, NY.