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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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Include credit unions with membership based on any industries that you or immediate family members currently or have previously worked in:

Nationwide Only
Mountain America Credit Union24 Month IRA (Traditional, Roth)27 Reviews
3.25%
$500-$1,656
State Department FCU24 Month IRA Certificate (Traditional, Roth)7 Reviews
3.03%
$500-$1,542
Summit Credit Union (WI)27 Month IRA Special (Traditional, Roth, CESA)5 Reviews
3.00%
$500-$1,723
Flagstar Bank25 Month IRA Special - New Money (Traditional, Roth, CESA)63 Reviews
3.00%
$500$10m$1,591
Greenwood Credit Union24 Month IRA Certificate (Traditional, Roth, CESA, SEP)15 Reviews
3.00%
$1k-$1,527
Partner Colorado Credit Union24 Month IRA Special (Traditional, Roth, CESA, SEP)2 Reviews
3.00%
$500-$1,527
First Internet Bank24 Month IRA (Traditional, Roth)18 Reviews
2.96%
$1k-$1,506
Georgia Banking Company2 Year IRA Certificate (Traditional, Roth)4 Reviews
2.95%
$500-$1,497
Communitywide FCU24 Month IRA (Traditional, Roth)4 Reviews
2.90%
$2k-$1,475
Sun East FCU24 Month IRA (Traditional, Roth)6 Reviews
2.90%
$500-$1,475
Synchrony Bank24 Month IRA CD (Traditional, Roth)301 Reviews
2.90%
$2k-$1,475
AgFed Credit Union24 Month IRA Certificate (Traditional, Roth, CESA)4 Reviews
2.85%
$1k-$1,449
TIAA Bank2 Year Yield Pledge IRA (Traditional, Roth)17 Reviews
2.85%
$5k-$1,445
Capital One24 Month 360 IRA (Traditional, Roth)398 Reviews
2.80%
--$1,424
Consumers Credit Union (IL)22 Month IRA (Traditional, Roth, CESA, SEP)85 Reviews
2.80%
$250-$1,302
Interior FCU24 Month IRA Certificate (Traditional, Roth, CESA)
2.78%*
$500-$1,413
Advancial2 Year Junior Jumbo IRA (Traditional, Roth, CESA)8 Reviews
2.76%
$25k$50k$1,399
Chartway FCU24-35 Month IRA (Traditional, Roth)28 Reviews
2.75%
$500-$1,472
Bellco Credit Union24 Month IRA (Traditional, Roth, CESA)13 Reviews
2.75%
$500-$1,398
Utah First FCU24 Month IRA (Traditional, Roth, CESA)3 Reviews
2.75%
$500-$1,398
Service Credit Union2 Year IRA Certificate (Traditional, Roth, CESA)19 Reviews
2.75%
$1k-$1,394
Elements Financial22 Month IRA Special (Traditional, Roth, CESA)4 Reviews
2.75%
$1k-$1,278
Discover Bank24 Month IRA (Traditional, Roth)205 Reviews
2.70%
$2.5k-$1,372
2.70%*
$25k-$1,372
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)37 Reviews
2.70%
$5k-$1,372
Quorum FCU24 Month IRA Term Savings (Traditional, Roth)9 Reviews
2.70%
$1k-$1,372
Northrop Grumman FCU2 Year Term IRA (Traditional, Roth, CESA)3 Reviews
2.69%
$2k-$1,363
SunTrust Bank24 Month IRA Special88 Reviews
2.66%
$2k$1m$1,348
Andigo24 Month IRA4 Reviews
2.65%
$1k-$1,346
Market USA FCU24 Month Preferred IRA (Traditional, Roth, CESA)2 Reviews
2.65%
$500-$1,346
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)3 Reviews
2.65%
$1k-$1,343
KS StateBank2 Year IRA - In Branch Only (Traditional, Roth)4 Reviews
2.65%
$500-$1,343
Spectrum Credit Union24 Month IRA (Traditional, Roth, CESA)
2.60%*
$500-$1,321
2.60%
$1k-$1,317
Ally BankIRA Raise Your Rate 2-Year CD (Traditional, Roth, SEP)686 Reviews
2.60%*
--$1,317
Michigan State University FCU2 Year IRA (Traditional, Roth, CESA, SEP)8 Reviews
2.55%
$500-$1,364
Home Savings Bank24 Month Internet Only IRA (Traditional, Roth)
2.55%
$5k-$1,295
Veridian Credit Union24 Month IRA Special (Traditional, Roth, CESA)21 Reviews
2.55%
$1k-$1,295
United States Senate FCU24-35 Month IRA (Traditional, Roth, SEP)8 Reviews
2.53%*
$20k-$1,353
North American Savings Bank25 Month IRA (Traditional, Roth, CESA)5 Reviews
2.53%
$1k-$1,339

Displaying 1-40 of 144 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 [email protected] 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.