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Savings

Save First^® and Boost Your Savings

Pay yourself first! Have your Direct Deposit divided between your Navy Federal checking and savings accounts. It’s the easy way to save.

By having a specific amount automatically deposited to your savings account, you'll be less likely to spend it and your savings will grow.

If your payroll doesn't allow for Direct Deposit to be split – call us at 1-888-842-NFCU (6328). We can set up automatic transfer(s) from your account every time your Direct Deposit posts.

Here are some accounts we recommend to help start your savings habit:

*Money Market Savings Account requires a minimum balance of $2,500 to earn dividends.

Start Saving With Your Tax Refund:

• Fund a certificate, Individual Retirement Account (IRA), Education Savings Account (ESA), or a 529 college savings plan
• Start or add to your emergency fund (usually three to six months of income)
• Reduce debt

The IRS allows your refund to be split automatically between up to three accounts. To learn more, visit irs.gov.

Learn How Military Personnel Are Saving:

> Visit militarysaves.org

Get Savings Tips and Strategies:

> Visit americasaves.org

Start Planning:

> Use the Savings Calculator
> Making Your Money Work (6.8mb)