Individual Retirement Accounts (IRAs)

An Individual Retirement Account, or IRA, is a special savings plan designed to encourage people to save for retirement. IRAs from UniBank in Massachusetts are a smart way to plan for your retirement.

Retire In Comfort

The primary goal for opening an IRA is to secure a stable retirement, free of unnecessary financial headaches after your working years. We are here to help you every step of the way and will send you easy-to-understand annual statements regarding your plan. It is never too early or too late to begin planning for the future.


Will You Outlive Your Money?

It is a distinct (and scary) possibility that you may outlive your money. Americans are living longer and that means money planned for retirement has to stretch further. Many retired people who counted on Social Security and pensions to fund their Golden Years have found they are not enough - even for the basics. That is why more and more people, from all age groups, are planning to supplement their retirement incomes with Individual Retirement Accounts (IRAs). UniBank IRAs offer safety and deposit security because the first $250,000 per depositor is insured by the FDIC; all deposits above this amount are insured by the Depositors Insurance Fund (DIF).


Choose From A Variety Of Accounts

Are you ready to open an IRA in MA? Different people, different ages and different financial situations all require different strategies to reach financial retirement goals. A UniBank IRA puts you in control of your investments and our Customer Service Representatives, located right here in Massachusetts, can help you choose the best options for your needs. UniBank IRAs are tailor-made to fit your budget. Some of your contributions may be tax deductible and the interest you earn is protected from taxes until you withdraw the money (and in some cases, contributions are non-deductible, allowing for tax-free withdrawals). Contributions can be made until April 15, or the date of your tax-filing deadline.

Getting Started
Types of IRAs