Popular ROTH IRA

 
 
  • The interest rate is guaranteed for the term you choose.
  • Interest exempt from contributions.1
  • Available terms: 1, 2, 3, 5, 7 and 10 years.
  • Minimum initial deposit $500.
  • The principal and interests are insured by the FDIC.

Additional Information

  • Penalty for withdrawals or cancellation before maturity date is the equivalent to 180 days interest.
  • Processing charge is $5 per instrument on withdrawals and returns for excess of contributions reaching age 75; and $50 per instrument for processing rollovers to an eligible institution
  • Deposit Instruments that are subject to legal process or garnishment, or to a request to hold or turn over your funds which are received from a Governmental Authority (including but not limited to the Department of the Treasury and the Federal Internal Revenue Service) or through court order, a fee of $50 may apply.
  • Please refer to the IRA Description and Disclosure Form for more information concerning, among other things, how the interest is calculated.

For additional information call TeleBanco Popular®.

787-724-3659

Available 24/7.

Member FDIC. Member of the Federal Reserve System. Product offered by Banco Popular de Puerto Rico. IRA accounts are only available for current residents of the Commonwealth of Puerto Rico. Ask for the offer brochure and read it carefully before investing. Banco Popular de Puerto Rico offers various investment alternatives for IRA accounts. You may obtain detailed information at any of our branches to determine which investment alternative is most convenient for you. Certain restrictions apply.

1Interest earned on amounts contributed are not taxed if they are part of a distribution of a qualified withdrawal reason without penalty from PR Treasury Department or is distributed after age 60. Consult your tax advisor before investing in a ROTH IRA.