Save Smart With RTN Savings Certificates and IRAs

If you are looking for a safe way to invest, RTN Savings Certificates and IRAs are great options. Your funds are protected from fluctuations in the financial markets and are insured by NCUA (National Credit Union Administration) insurance up to $250,000 per account by ownership type. In addition, account balances in excess of the amounts insured by NCUA are insured in full by the Massachusetts Share Insurance Corporation (MSIC).

RTN Savings Certificates are available for terms of three months to 60 months (five years) for personal, non-retirement and/or IRA accounts. The longer the term of the certificate, the higher rate of dividends you’ll earn. Premium rates are paid on investments of $50,000 or more and dividends are paid and compounded monthly.

RTN IRAs are great retirement saving tools — they offer potential tax incentives plus the benefit of compound interest, which grows tax deferred. You can contribute up to the allowable amount each year, or you can roll over funds from an existing qualified plan. You can open a Traditional or Roth IRA with a minimum of $1,000 ($50,000 to earn premium rates) and a Coverdell Savings IRA with a minimum of $500.

For more information about RTN Savings Certificates, contact Member Services at 781-736-9900, option 5 or visit a branch. For more information about RTN IRAs, call 781-736-9900, ext. 15612 or email