Investment Options
Highmark's comprehensive suite of investment options provides every member with choices, whether you want liquidity or long term growth?
- Money Market Account
- The "Elite" Money Market
- Share Certificates
- Individual Retirement Accounts
- Traditional IRA
- Roth IRA
- Coverdell ESA
Money Market Account
- Compared to a Share Saving account, a Money Market Account offers a higher earning investment option with liquidity and security.
- It pays dividends on savings with balances as low as $1.00.
- This option also allows for six (6) free automatic withdrawals per month – up to three (3) may be made by check.
The “Elite” Money Market
- A high earning investment option that offers liquidity and security.
- It pays dividends on savings with balances as low as $2,500.
- Allows for six (6) free automatic withdrawals per month – of which, up to three (3), may be made by check.
Share Certificates
- Often referred to as CDs, this account offers a fixed rate for a predetermined length of time.
- No risk: Your rate will never decrease during the term of your CD.
Individual Retirement Accounts
- Allow earnings to compound over time on either a tax-free or tax-deferred basis.
- Investments can compound more quickly than those in taxable accounts .
- Offers flexibility for your changing financial needs.
- Investment may be used for a first time home purchase or qualified college education expenses.
Traditional IRA
- Money placed in a traditional IRA grows tax-deferred and is only taxed when it is withdrawn.
- Choose if you want a tax deduction now or if you think you’ll be in a lower tax bracket when you retire.
- No income limits and contributions may be tax-deductible.
- Anyone under the age 70 ½ who earns compensation can contribute.
Roth IRA
- Flexible investment allows you to withdraw regular contributions at any time, tax free, and penalty-free.
- Choose if you think that your tax rate will be higher when you retire or if you might need the money before age 59 ½.
Coverdell Education Savings Account (ESA)
- Help pay for your child’s qualified elementary or secondary education expenses - tuition, fees, books, equipment.
- Make contributions to a child’s Coverdell ESA until he or she reach age 18.
- Offers the potential for tax free withdrawals, including earnings.
- Contributions are not tax deductible.






