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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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163 Results

Nationwide Only
Communitywide FCU24 Month IRA (Traditional, Roth)3 Reviews
2.90%
$2k-$1,475
KS StateBank2 Year IRA - In Branch Only (Traditional, Roth)1 Review
2.85%
$500-$1,445
Greenwood Credit Union24 Month IRA Certificate (Traditional, Roth, CESA, SEP)10 Reviews
2.80%
$1k-$1,424
Melrose Credit Union2 Year Share IRA Certificate (Traditional, Roth)20 Reviews
2.67%
$4k-$1,353
5Star Bank24 Month Variable IRA (Traditional, Roth)1 Review
2.61%
$250-$1,326
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)30 Reviews
2.60%
$5k-$1,321
2.58%
--$1,310
AFFCU2 Year IRA (Traditional, Roth, CESA)
2.55%*
$1k-$1,291
North American Savings Bank25 Month IRA (Traditional, Roth, CESA)4 Reviews
2.53%
$1k-$1,339
Affinity FCU22 Month IRA Special (Traditional, Roth, CESA)9 Reviews
2.53%*
$500-$1,175
Third Federal Savings and Loan (OH)29 Month IRA Special (Traditional, Roth, SEP)4 Reviews
2.50%
$100-$1,541
Capital One24 Month 360 IRA (Traditional, Roth)387 Reviews
2.50%
--$1,269
Synchrony Bank24 Month IRA CD (Traditional, Roth)291 Reviews
2.50%
$2k-$1,269
TIAA Bank2 Year Yield Pledge IRA (Traditional, Roth)8 Reviews
2.50%
$5k-$1,266
Ally BankIRA Raise Your Rate 2-Year CD (Traditional, Roth, SEP)664 Reviews
2.50%*
--$1,266
Alliant Credit Union24 - 35 Month Jumbo CESA43 Reviews
2.45%
$25k-$1,310
Discover Bank24 Month IRA (Traditional, Roth)200 Reviews
2.45%
$2.5k-$1,243
Lake Michigan Credit Union25 Month VIP IRA CD Special62 Reviews
2.42%
$500-$1,280
First Technology FCU24 Month IRA (Traditional, Roth, CESA)26 Reviews
2.40%
$500-$1,218
Mountain America Credit Union24 Month IRA (Traditional, Roth)24 Reviews
2.40%
$500-$1,218
2.40%
$1k-$1,214
Blue FCU22 Month IRA Special - Silver (Traditional, Roth)11 Reviews
2.40%
$2k-$1,114
Quorum FCU25 Month IRA Term Savings (Traditional, Roth)8 Reviews
2.35%
$1k-$1,242
Nationwide Bank24 Month IRA (Traditional, Roth, CESA, SEP)174 Reviews
2.35%*
--$1,192
Bay State Savings Bank27 Month IRA Special (Traditional, Roth, CESA, SEP, SIMPLE)2 Reviews
2.30%
$500-$1,315
Spectrum Credit Union24 Month IRA (Traditional, Roth, CESA)
2.30%*
$500-$1,166
Golden 1 Credit Union25 Month Bump Up IRA Special (Traditional, Roth, CESA)30 Reviews
2.25%*
$1k-$1,189
Utah First FCU24 Month IRA (Traditional, Roth, CESA)2 Reviews
2.25%*
$500-$1,141
Signature FCU24 Month IRA Certificate (Traditional, Roth, CESA)5 Reviews
2.25%
$500-$1,141
Service Credit Union2 Year IRA Certificate (Traditional, Roth, CESA)20 Reviews
2.25%
$1k-$1,138
Interior FCU24 Month IRA Certificate (Traditional, Roth, CESA)
2.22%*
$500-$1,125
Amegy Bank24- 35 Month IRA CD (Traditional, Roth)9 Reviews
2.20%
$1k-$1,174
AgFed Credit Union24 Month IRA Certificate (Traditional, Roth, CESA)4 Reviews
2.20%
$1k-$1,115
Bethpage FCU24 Month IRA (Traditional, Roth)8 Reviews
2.15%
$50-$1,090
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)3 Reviews
2.15%
$1k-$1,087
People's Trust FCU24 Month IRA (Traditional, Roth, CESA, SEP)2 Reviews
2.14%*
$25k-$1,084
ConnectOne Bank24 Month Personal IRA4 Reviews
2.12%
$500-$1,074
2.10%
$1k-$1,061
United States Senate FCU24-36 Month IRA (Traditional, Roth, SEP)5 Reviews
2.08%*
$20k$100k$1,110
USE FCU24 Month IRA Certificate
2.05%*
$500-$1,038

Displaying 1-40 of 163 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.