IRA
An IRA account can help you lower your tax payments now, save for your retirement or for your kids education.
| IRA | Terms (years) | Deductible | Minimum Contribution |
|---|---|---|---|
| IRA Regular Save now and pay later. Learn more |
1, 2, 3, 5, 7 and 10 |
|
$500 |
| IRA Exenta (Tax Exempt). Save now and pay later. Learn more |
3 years |
|
$500 |
| Popular Roth IRA The money you accumulate is exempt from taxes when you withdraw it. Learn more |
1, 2, 3, 5, 7 and 10 |
No | $500 |
| Education Contribution Account Save for your children's post-secondary education. Learn more |
3 years |
|
$500 |
- About Our IRAs
-
- Want to open an IRA with your credit card? Learn about our offer
- Have an IRA and you want to transfer it to Banco Popular? Learn how
- All you need to know about IRAs Watch video
- Prefer to call us? 787.294.2552 or 1.888.724.3653
- Frequently asked questions about IRAs
- Principal and interest are insured by the FDIC up to the maximum allowed by law.
Member FDIC. Member of the Federal Reserve System. Applies to new deposits up to a maximum of $5,000 in IRAs and up to $500 in CAE accounts per tax year. Offer is not valid on internal transfers between Banco Popular IRAs or renewals. Minimum opening balance: $500. Penalty for withdrawal or cancellation prior to maturity: 180 days of interest. Processing fees for excess withdrawals and returns on excess contributions: $5 per instrument. Processing fees for rollovers to other eligible institutions: $50 per instrument. Certain restrictions apply. Banco Popular offers various investment alternatives. Obtain more information to determine which one is best for you.