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.

ALERT: Due to the recent, emergency interest rate cuts by the Fed, we're detecting a high volume of deposit rate changes by banks and credit unions. If you're unable to find an account, it may be hidden temporarily while it is being reviewed for accuracy. Read more here.
OR
Deposit Amount
Advanced options

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

Nationwide Only
Lafayette FCU2 Year Fixed IRA (Traditional, Roth, CESA)3 Reviews
1.71%
$500-$862
Pen Air FCU24 Month IRA (Traditional, Roth, SEP, CESA)16 Reviews
1.60%
$500-$806
Interior FCU24 Month IRA Certificate (Traditional, Roth, CESA)2 Reviews
1.56%
$500-$786
American 1 Credit Union2 Year IRA (Traditional, Roth, CESA)1 Review
1.51%
$50-$761
Signature FCU24 Month IRA Certificate (Traditional, Roth, CESA)8 Reviews
1.50%*
$500-$756
Financial Partners Credit Union24 to 35 Month IRA (Traditional, Roth)7 Reviews
1.45%
$1k-$771
Georgia's Own Credit Union2 Year IRA (Traditional, Roth, CESA)16 Reviews
1.45%*
$500-$730
1.45%
--$730
Bellco Credit Union24 Month IRA (Traditional, Roth, CESA)13 Reviews
1.40%
$500-$705
State Department FCU24 Month IRA Certificate (Traditional, Roth)9 Reviews
1.36%
$500-$685
Technology Credit Union24 - 35 Month IRA (Traditional, Roth)9 Reviews
1.35%
$1k-$717
Superior Choice Credit Union2 Year IRA (Traditional, Roth)9 Reviews
1.35%*
$25k-$680
Northrop Grumman FCU2 Year Term IRA (Traditional, Roth, CESA)3 Reviews
1.35%
$2k-$680
Discover Bank24 Month IRA (Traditional, Roth)222 Reviews
1.30%
$2.5k-$654
Matadors Community Credit Union24 Month IRA (Traditional, Roth)1 Review
1.30%
$10k-$654
Veridian Credit Union21 Month IRA Special (Traditional, Roth, CESA)23 Reviews
1.30%
$1k-$573
Chartway FCU24-35 Month IRA (Traditional, Roth)28 Reviews
1.25%
--$664
U S Postal Service FCU2 Year IRA (Traditional, Roth, CESA)8 Reviews
1.25%
$250-$629
TIAA Bank2 Year Yield Pledge IRA (Traditional, Roth)23 Reviews
1.25%
$5k-$629
Communitywide FCU24 Month IRA (Traditional, Roth)4 Reviews
1.25%
$1k-$629
Ally BankIRA Raise Your Rate 2 Year CD (Traditional, Roth, SEP)717 Reviews
1.25%*
--$629
Hughes FCU24 Month IRA (Traditional, Roth, SEP)8 Reviews
1.21%
$1k-$609
Hiway FCU24 – 35 Month IRA (Traditional, Roth, CESA)6 Reviews
1.20%*
$25k-$637
Alliant Credit Union24 - 35 Month Jumbo Roth IRA50 Reviews
1.20%
$25k-$637
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)5 Reviews
1.20%
$1k-$604
AFFCU2 Year IRA Share Certificate (Traditional, Roth)1 Review
1.20%*
$25k-$604
Spectrum Credit Union24 Month IRA (Traditional, Roth)2 Reviews
1.20%*
$500-$604
TruStone Financial Credit Union24 Month IRA (Traditional, Roth)9 Reviews
1.20%
$500-$604
RiverLand FCU24 Month IRA Certificate (Traditional, Roth, CESA)1 Review
1.20%
$1k-$604
Bay State Savings Bank27 Month IRA Special (Traditional, Roth, CESA, SEP)4 Reviews
1.15%
$500-$653
1.15%
$500-$578
Bethpage FCU24 Month IRA (Traditional, Roth)9 Reviews
1.15%
$50-$578
Wheelhouse Credit Union22 Month IRA Certificate Special - New Money (Traditional, Roth)
1.15%
$1k-$531
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)43 Reviews
1.11%
$5k-$558
Capital One24 Month 360 IRA (Traditional, Roth)431 Reviews
1.10%
--$553
Premier America Credit Union24 Month IRA (Traditional, Roth)12 Reviews
1.10%*
$25k-$553
Synchrony Bank24 Month IRA CD (Traditional, Roth)332 Reviews
1.10%
$2k-$553
MTC FCU24 Month IRA Plus (Traditional, Roth, CESA)
1.10%
$10k-$553
Quorum FCU24 Month IRA Term Savings (Traditional, Roth)9 Reviews
1.09%
$1k-$548
Ideal Credit Union24 Month IRA (Traditional, Roth)5 Reviews
1.06%*
$25k-$533

Displaying 1-40 of 161 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.