Non-Deductible IRAs allow you to save for the future but they do not represent tax savings the year you open them. Still they are tax exempt the moment you retire the money for any of the justifiable reasons (i.e. at your retirement, build or purchase of your first house or paying for your children education).
Which type of Non-Deductible IRA do you prefer?
I want my deposits and interest to be insured and guaranteed.
I want the opportunity to obtain a higher rate of return. I am willing to make long term investments.
Want to open your IRA now, or have more questions? Call TeleBanco.
787-294-2552 (PR) o 1-888-724-3653 (US / USVI).
Monday to Friday 8am to 7pm, Saturday 8am to 5pm. Sunday close
Member FDIC. Member of the Federal Reserve System. IRA accounts are only available for current residents of the Commonwealth of Puerto Rico. Banco Popular offers various investment alternatives. Please obtain additional information to determine the alternative that best suits your needs.IRA accounts requested through popular.com® must be paid through an electronic debit. The debit will be processed once the documents required to open an account are submitted. Payments in cash, check or money order will only be accepted at Banco Popular branches.
and CDs
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