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2 Year IRA Rates

Compare rates on 2 year IRAs from banks and credit unions. Use the filter box below to customize your results. Click here to learn more about 2-year IRA CDs and how they can be a beneficial tool in your retirement strategy.

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155 Results

Nationwide Only
Greenwood Credit Union24 Month IRA Certificate (Traditional, Roth, CESA, SEP)9 Reviews
2.80%
$1k-$1,424
KS StateBank2 Year IRA - In Branch Only (Traditional, Roth)
2.65%
$500-$1,343
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)28 Reviews
2.60%
$5k-$1,321
5Star Bank24 Month Variable IRA (Traditional, Roth)1 Review
2.57%
$250-$1,305
Air Force FCU2 Year IRA (Traditional, Roth, CESA)
2.55%*
$1k-$1,291
EverBank2 Year Yield Pledge IRA (Traditional, Roth)70 Reviews
2.50%
$5k-$1,266
First Internet Bank24 Month IRA (Traditional, Roth)15 Reviews
2.48%
$1k-$1,259
Communitywide FCU24 Month IRA (Traditional, Roth)5 Reviews
2.45%
$2k-$1,243
Melrose Credit Union2 Year Share IRA Certificate (Traditional, Roth)20 Reviews
2.45%
$4k-$1,240
Lake Michigan Credit Union25 Month VIP IRA CD Special62 Reviews
2.42%
$500-$1,280
Capital One24 Month 360 IRA (Traditional, Roth)380 Reviews
2.35%
--$1,192
Nationwide Bank24 Month IRA (Traditional, Roth, CESA, SEP)172 Reviews
2.35%*
--$1,192
2.27%
$1k-$1,148
Third Federal Savings and Loan (OH)29 Month IRA Special (Traditional, Roth, SEP)3 Reviews
2.25%
$100-$1,384
Quorum FCU25 Month IRA Term Savings (Traditional, Roth)8 Reviews
2.25%
$1k-$1,189
Credit Union of America25 Month IRA Certificate Special (Traditional, Roth, CESA)3 Reviews
2.25%
$5k$250k$1,189
Synchrony Bank24 Month IRA CD (Traditional, Roth)285 Reviews
2.25%
$2k-$1,141
Service Credit Union2 Year IRA Certificate (Traditional, Roth, CESA)20 Reviews
2.25%
$1k-$1,138
Alliant Credit Union24 - 35 Month Jumbo CESA42 Reviews
2.20%
$25k-$1,174
Discover Bank24 Month IRA (Traditional, Roth)195 Reviews
2.20%
$2,500-$1,115
Mutual of Omaha Bank25 Month IRA Special (Traditional, Roth, SEP)3 Reviews
2.15%
$1k-$1,135
Ally BankIRA Raise Your Rate 2-Year CD (Traditional, Roth, SEP)659 Reviews
2.15%*
--$1,087
ConnectOne Bank24 Month Personal IRA4 Reviews
2.12%
$500-$1,074
Bethpage FCU24 Month IRA (Traditional, Roth)8 Reviews
2.10%
$50-$1,064
Spectrum Credit Union24 Month IRA (Traditional, Roth, CESA)
2.10%*
$500-$1,064
Signature FCU24 Month IRA Certificate (Traditional, Roth, CESA)5 Reviews
2.05%
$500-$1,038
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)3 Reviews
2.05%
$1k-$1,036
Interior FCU24 Month IRA Certificate (Traditional, Roth, CESA)
2.02%*
$500-$1,023
American Heritage FCU24 Month IRA Certificate (Traditional, Roth, CESA)3 Reviews
2.01%
$1k-$1,018
Bellco Credit Union24 Months IRA (Traditional, Roth, CESA)12 Reviews
2.00%
$500-$1,013
Kinecta FCU2 Year IRA (Traditional, Roth)6 Reviews
2.00%*
$1k-$1,010
2.00%
$1k-$1,010
AgFed Credit Union24 Month IRA Certificate (Traditional, Roth, CESA)4 Reviews
1.95%
$1k-$987
Market USA FCU24 Month IRA (Traditional, Roth, CESA)2 Reviews
1.90%
$500-$962
Apple FCU24 Month IRA (Traditional, Roth, CESA)22 Reviews
1.90%
$500-$962
Freedom Credit Union (PA)24 Month IRA CD (Traditional, CESA, Roth)3 Reviews
1.90%
$500-$962
Marine FCU24 Month IRA (Traditional, Roth, CESA, SEP)4 Reviews
1.87%
$500-$946
State Department FCU24 Month IRA Certificate (Traditional, Roth)6 Reviews
1.86%
$500-$941
Pen Air FCU24 Month IRA (Traditional, Roth, SEP, CESA)11 Reviews
1.85%
$500-$936
People's Trust FCU24 Month IRA (Traditional, Roth, CESA, SEP)2 Reviews
1.84%*
$25k-$931

Displaying 1-40 of 155 Results


2-Year IRA CD

The 2-Year IRA CD, or 24-Month IRA, is a tax-advantaged savings account that functions as a time deposit with a specific maturity date and set interest rate. An easy way to understand this product is to picture a big circle titled “IRA” with a little circle titled “CD” inside of it. The CD is the means by which the IRA gains value or interest. When you open an IRA CD, the IRA remains constant and the time deposit (i.e., the certificate of deposit) earns interest that is added to the account, typically on a monthly basis.

The IRA remains constant in the sense that it comes with rules that govern how an investor may use its tax advantages. You can liquidate an IRA CD at any point, but the proceeds will be subject to income tax or penalties when they lose their “IRA” covering. The IRS sets the contribution limits (which typically change every year) and distribution terms (which differ for Traditional and Roth accounts). CESA (Coverdell Education Savings Account) and SEP (Simplified Employee Pension) plans are also IRA options usually offered by banks and credit unions listed on DepositAccounts.

If you liquidate, or close out, a 2-Year IRA CD when the CD matures and decide not to roll the proceeds over to another IRA, you must report the money as taxable income. For banks and credit unions insured by the FDIC or NCUA, respectively, each individual depositor is insured up to $250,000 per institution. This is important to keep in mind if you plan to move the funds in your IRA in and out of CDs to take advantage of prevailing interest rates.




* The APY (Annual Percentage Yield) shown is based on the deposit amount selected. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.