Easy IRA Help
Consider a:
Account Traditional
IRARoth
IRA
¹If you satisfy the requirements, qualified distributions are tax free. A qualified distribution is any payment or distribution from your Roth IRA that meets the following requirements:
- It is made after the 5-year period beginning with the first taxable year for which a contribution
was made to a Roth IRA set up for you benefit,
-AND- - The payment or distribution is:
- Made on or after the date you reach age 59,
- Made because you are disabled,
- Made to a beneficiary or to your estate after your death, or
- One that meets the requirements listed under First Home under Exceptions in Chapter 1 (up to a $10,000 lifetime limit).
²You are considered a "first-time home buyer" if neither you nor your spouse has owned a home within the
last 2 years.
- Account Opening - $0
- Recontribution - $0
- Account Termination - $25
- Annual Account Maintenance - $0
- Returned Check/ACH - $20
- Statement Duplicate Copy - $3
- Wire Transfer Out - $15
- Priority Check Disbursement - $25
- Transfer Funds to Another Financial Institution - $25
H&R Block Bank invests your money in an FDIC-insured money market account.
You can make individual contributions by check to your H&R Block Easy IRA®. Fill out the
Deposit Form and then mail the form with a check. Please include your account number (and the contribution year for your H&R Block Easy IRA®. Please note, contributions for prior year must be postmarked by the tax deadline, traditionally April 15) on your check, and mail to:
H&R Block
P.O. Box 30227
Omaha, NE 68103-0227
You can set up automatic deposits into your H&R Block Easy IRA®. A specific amount is withdrawn from your checking account on a monthly basis and contributed to your H&R Block Easy IRA®. Complete a Direct Deposit Form, attach a voided check and fax to 1-866-812-3144 or mail to
H&R Block
P.O. Box 2569
Omaha, NE 68103-0227
Transfer or Roll Over Funds
You can transfer funds from an existing financial services account. To make sure you have the correct form please contact a customer service agent at 1-800-HRBLOCK and select the Savings and IRA Accounts option.
You can make a "rollover contribution" to your H&R Block Easy IRA®. Rollovers are generally tax-free distributions if done within 60 days from one retirement plan into another retirement plan. Please fill out the Rollover Form and mail it to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-0227
IRA Statements are mailed on an annual basis. You should receive your annual IRA Statement in February.
You can get the most current interest rate by clicking the Rates icon at the top of this page.
There will be a $25 termination fee applied against your balance when you close your account. No termination fee will be applied to a partial distribution, unless the amount requested lowers the value of your account under the $25 minimum balance rule. In this case, the $25 termination fee will be applied and the remaining balance will be distributed to you. You may also be subject to tax or a 10% penalty from the IRS for early withdrawals.
Yes, you can set up access to review your account online. If you would like to enroll, call us toll free at 1-888-OUR-HRBB (888-687-4722). After selecting your language preference (English or Spanish), select Option 3 for Accounts Opened Online or Other Online Services. Once you have enrolled, you will receive a confirmation by mail and instructions to access your accounts.
Please call a customer service agent at 1-800-HRBLOCK and select the Savings and IRA Accounts option.
If you move and need to change or update the address on your H&R Block Easy IRA®, complete and submit a Change of Address Form. The following fields must be completed: account number, entire address printed clearly, signature, date. Once completed, either fax to 1-866-812-3144 or mail to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-0227
Click the Forms icon at the top of this page.
Please contact your tax professional as you may need to file an amended return.
What is it? A form used to withdraw money from an H&R Block Easy IRA®.
What is it used for? To take a distribution from an H&R Block Easy IRA®.
How long will it take to process my request? Upon receiving your form, it will take approximately 7 to 10 days to process your request.
What do I do with the form? The following are the fields that must be completed before processing: account number (or SSN), name, distribution amount, method of payment (include new address if different from account), signature and date. The following are recommended fields for H&R Block Easy IRA® distributions: withholding election and distribution. Once completed, either fax to 1-866-812-3144 or mail to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
H&R Block Easy IRA® Deposit Form
What is it? A form used to make a 1-time deposit to your H&R Block Easy IRA® account.
What is it used for? This form will allow you to make a deposit to your H&R Block Easy IRA® account.
How long will it take to process my request? Upon receiving your form and check it will be processed and deposited within 48 hours.
What do I do with the form? Please complete the form and make sure to include your account number on your check. Once completed, please mail to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
H&R Block Easy IRA® Interested Party Request Form
What is it? A form used to add an interested party to your H&R Block Easy IRA®.
What is it used for? This form will allow someone other than the account holder to receive statements on your H&R Block Easy IRA®.
How long will it take to process my request? Upon receiving your form, it will take approximately 7 to 10 days to process your request.
What do I do with the form? All fields must be completed and either faxed to 1-866-812-3144 or mailed to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
Direct Deposit Form
What is it? A form used to set up, change or cancel a monthly direct deposit to your H&R Block Easy IRA® account.
What is it used for? This form will allow you to set up, cancel or change a monthly direct deposit for your H&R Block Easy IRA®.
How long will it take to process my request? Upon receiving your form, it will take approximately 7 to 10 days to process your request.
What do I do with the form? The following fields must be completed: name, account number, initiate change or cancel field (note: if you wish to cancel your direct deposit over the phone, please contact the Customer Service Center at 1-800-HRBLOCK), dollar amount, monthly date (only the 1st, 15th or the 25th are valid dates), signature and date. Attach a voided check and mail to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
Change of Address Form
What is it? A form used to submit your change of address request on your H&R Block Easy IRA® account.
What is it used for? This form should be completed if you move and need to have the address on your H&R Block Easy IRA® changed or updated.
How long will it take to process my request? Upon receiving your form it will take approximately 7 to 10 days to process your request.
What do I do with the form? The following fields must be completed: account number, entire address printed clearly, signature and date. Once completed, either fax to 1-866-812-3144 or mail to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
Change of Beneficiary
What is it? A form used to make a change or add a beneficiary to your H&R Block Easy IRA® account.
What is it used for? This form will allow you to make a change or add a beneficiary to your account.
What do I do with the form? Complete the form and either fax it to 1-866-812-3144 or mail it to:
H&R Block
P.O. Box 2569
Omaha, NE 68103-2569
As of June 25, 2009, the H&R Block Easy Savings, Emerald Savings and H&R Block Easy IRA® account annual percentage yield is 1.00%, which reflects a 0.998% rate of interest for the H&R Block Easy Savings and H&R Block Emerald Savings accounts, and a 0.995% rate of interest for the H&R Block Easy IRA®.
Rates are variable and subject to change. The H&R Block Easy IRA® account accrues daily and is credited monthly. The H&R Block Easy Savings account accrues daily and is credited quarterly. No minimum balance required to obtain the stated APY. Rate is subject to change after account opening. Fees may reduce earnings on the account. If you close your account prior to the crediting of interest, you will not receive the accrued interest.
The power of systematic investing. You can make a big impact on your retirement savings by starting early and setting aside a little bit each month. You can set up recurring monthly transactions into your Easy IRA for as little as $25 a month.
Quick Facts on IRA Contributions
- Traditional IRA The maximum annual IRA contribution is $5,000 if you're younger than 50. Individuals age 50 and older can contribute up to $6,000. Contributions are often tax-deductible, and all transactions and earnings within the IRA have no tax impact. Withdrawals at retirement are taxed as income (except for those portions of the withdrawal corresponding to contributions that were not deducted). Owners must begin taking distributions by April 1 of the year after reaching age 70 1/2.
- Roth IRA Contributions are made with after-tax assets. All transactions within the IRA have no tax impact, and withdrawals are usually tax-free.
How to Make a Contribution
1. Download the form
2. Complete and send us the form
If funding via check or money order, send completed form and contribution to:
H&R Block Bank
P.O. Box 2569
Omaha, NE 68103-2569
If funding via ACH, send completed form with voided check via mail to the address
above or via fax to 1-866-812-3144.
Transferring or rolling over your money to another Financial Institution?
Use the correct form to avoid penalties.
Complete Form
- An IRA Distribution Form is required to distribute money from your account.
- You may withdraw money from your IRA at any time; penalties may apply.
- Be sure to complete all fields and sign your form to avoid delays.
- There is a $25 account termination fee for
full distributions.
- Fax form to 866-812-3144 (quickest option)
- Mail form to:
H&R Block Bank
P.O. Box 2569
Omaha, NE 68103-2569 - Once we receive your form, we will verify the information and process your request.
the form
Request
- Select 1 of the following distribution options on your form:
- ACH to your checking or savings account (include a voided check with your form or letter on bank stationary)
- U.S. Mail
- Express mail (additional bank fees apply)
received within 10 to 14
business days.
- Call us toll free at 1-888-OUR-HRBB (888-687-4722).
- To report a lost or stolen ATM or Debit Card, please call us toll free, 24 hours a day, at 1-888-OUR-HRBB (888-687-4722).
Reach Us Online
- Send an e-mail to our customer support center.
- Learn More about online banking
Stop By in Person or Send Us Mail
- Our main branch is located at One H & R Block Way, Kansas City, MO.
- Branch hours are Monday through Friday, 9 a.m. to 5 p.m. CST.
- For general correspondence and deposits, send mail to:
H&R Block Bank
P.O. Box 30227
Omaha, NE 68103 - For H&R Block Bank mortgages, send payments to:
H&R Block Bank
P.O. Box 660694
Dallas, TX 75266-0694
Tax Customer Support
- Have tax questions? Find helpful solutions at H&R Block's Customer Support.