SOURCE: Bank of Internet USA

Bank of Internet USA

January 13, 2016 09:00 ET

Bank of Internet USA Launches Individual Retirement Accounts (IRAs) Through H&R Block Partnership

An Easy Way to Maximize Your Tax Refund While Planning for Retirement

SAN DIEGO, CA--(Marketwired - Jan 13, 2016) - Bank of Internet USA ("BofI USA"), the nationwide bank subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), has partnered with H&R Block to offer Individual Retirement Accounts (IRAs) to H&R Block customers. Qualified customers can maximize tax contributions for the 2015 tax year without paying any account opening fees.

Bank of Internet USA's IRA program provides a simple and efficient way to save for retirement while potentially maximizing your tax refund. Products include IRA/Roth CDs and IRA/Roth Savings accounts. All accounts are FDIC insured up to $250,000 per depositor. The minimum opening deposit starts as low as $250 for an IRA/Roth Savings and $1,000 for an IRA/Roth CD. Account funding is as easy as requesting an electronic debit to your existing checking or savings account via ACH. Keep tabs on your account from anywhere you have internet access through convenient online banking.

Key features of Bank of Internet USA IRA accounts include:

  • Convenient online account enrollment
  • Deposits accepted by electronic debit of checking or savings account via ACH
  • Dedicated IRA specialists
  • Safety and security of FDIC insurance up to $250,000 per depositor
  • Great planning tools such as traditional vs. Roth IRA Calculator

For more information about Bank of Internet USA IRA accounts, please visit

About Bank of Internet USA
Bank of Internet USA is the oldest and most trusted FDIC-insured internet bank in America and is a division of BofI Federal Bank (FDIC Certificate # 35546). Bank of Internet USA has been proudly serving clients for the last 15 years and it is one of the first banks to offer banking services exclusively online. For more information about Bank of Internet USA please visit