IRAs & HSAs

Save for retirement, education, or healthcare expenses with account options designed for your future.

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IRAs and HSAs help you save for future retirement, education, or healthcare expenses.
Benton County Schools Credit Union offers Traditional IRAs, Roth IRAs, Coverdell Education Savings Accounts, and Health Savings Accounts with local support and flexible savings options.

IRA Accounts

You can choose the savings option that works best for your goals, including an IRA Savings Account or IRA Certificate Investment.

BCSCU offers the following IRA account options:

Traditional IRA

A Traditional IRA may be a good option if you want to save for retirement and may qualify for tax advantages now. Contributions and withdrawals are subject to IRS rules, so we recommend speaking with a tax advisor to understand how a Traditional IRA may fit your situation.

Roth IRA

A Roth IRA may be a good option if you want to save for retirement with the potential for tax-free withdrawals later. Eligibility, contribution limits, and withdrawal rules apply, so please consult a tax advisor for guidance.

Coverdell Education Savings Account

A Coverdell Education Savings Account can help you save for qualified education expenses. This account may be used for certain school-related costs, subject to IRS rules and contribution limits.

IRA Investment Options

Choose the IRA option that fits your savings style:

IRA Savings Account - Flexible retirement or education savings.
IRA Certificate Investment - Members who want to lock in funds for a set term.

Not sure which option is right for you? Our team can explain the account choices.

*Benton County Schools Credit Union cannot provide tax advice.

Health Savings Accounts

A Health Savings Account can help you save for qualified medical expenses while keeping funds available when you need them.

If you have a High Deductible Health Plan, you may be eligible to open a Health Savings Account at Benton County Schools Credit Union.

An HSA can be a smart way to set aside money for healthcare costs such as doctor visits, prescriptions, dental care, vision expenses, and other qualified medical expenses.

HSA Benefits

  • Save for qualified medical expenses

  • Keep funds available for future healthcare costs

  • Earn dividends on your balance

  • Open with a low minimum balance

  • Manage your account locally with BCSCU

*A Regular Share account is required.

Have Questions?

Our team is happy to help you understand your IRA and HSA account options. For tax-specific questions, contribution limits, or eligibility rules, please consult a qualified tax advisor.

Benton County Schools Credit Union cannot provide tax advice.