IRA's

IRA Share Savings

WyHy offers an IRA Share Savings accounts that is a great way to plan for your retirement, and WyHy makes it easy to do. This qualified IRA savings account is a place to save small amounts until enough is earned to purchase a certificate. Your IRA Share Savings may be transferred into an IRA Certificate without penalty once $500.00 is saved. With our competitive rates, your retirement savings will obtain maximum growth potential in a tax-deferred account. Dividends are paid quarterly on the average daily balance.

For more information contact your tax advisor or ask your WyHy Representative.

IRA Term Share Certificates

Upon maturity, your CD is automatically renewed for the same term at the current rate (unless otherwise specified).

Certificates are available in the following term lengths: 3, 6, 12, 18, 24, 30, 36, 48, and 60 months. With our competitive rates, your retirement savings will obtain maximum growth potential in a tax-deferred account with either a Traditional or Roth IRA.

In addition to Traditional and Roth IRA’s, WyHy offers Education IRA’s to help establish college funds for your children or grandchildren. There are no setup or maintenance fees for IRA’s. If a withdrawal is prior to your Required Minimum Distribution age, there is a penalty for early withdrawal. To find out which IRA is right for you, please contact your tax advisor or ask your WyHy Representative.

 

Please view our PDF of "Increased Coverage"

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