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Individual Retirement Account(IRA).
Your best earning rates, with tax advantages*

Tax-deferred investing is available through deposits into an IRA account. You can save up to $5,000 annually for retirement. You may be able to deduct your contribution from your annual income taxes. We offer a variety of terms for your retirement savings, all with a low minimum balance of $500. You may choose a term certificate* or a Money Market Deposit Account** product.

We can also help you invest your direct rollovers from a qualified plan or transfer your IRA from another financial institution. A Hingham Institution for Savings, IRA account can provide you with the most competitive yield we offer with the added advantage of tax deferred earnings.

Choose from these IRA Accounts
Traditional IRA: Take advantage of tax benefits and defer the interest on your earnings until retirement

Roth IRA: If you prefer, you may use this IRA to take advantage of tax-free earnings during retirement, by foregoing the tax benefits today.

Rollover IRA If you're leaving a job or retiring, you may qualify to avoid tax burdens by rolling over your current 401(k) or other retirement plan.

Education IRA A nondeductible account that features tax-free withdrawals for a child's qualifying educational expense. Distributions from this account are both tax-free and penalty-free.

Featured in your IRA Account

To open an IRA Account, speak with a customer service representative at any one of our branches, or give us a call at 781.749.2200 during normal business hours.You can also email us online, and we'll be happy to answer your questions or send you information on our banking products.


*A Certificate of Deposit (CD) requires a $500 minimum. ** There is a minimum balance of $10 required to earn interest on a Money Market Account.