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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
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State Department FCU24 Month IRA Certificate (Traditional, Roth)7 Reviews
2.93%
$500-$1,486
Georgia Banking Company2 Year IRA Certificate (Traditional, Roth)9 Reviews
2.80%
$500-$1,420
MAC FCU24 Month IRA (Traditional, Roth, CESA)1 Review
2.80%
$1k-$1,420
First National Bank of America24-35 Month IRA CD (Traditional, Roth)25 Reviews
2.75%
$1k-$1,472
Bellco Credit Union24 Month IRA (Traditional, Roth, CESA)13 Reviews
2.75%
$500-$1,394
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)43 Reviews
2.75%
$5k-$1,394
Veridian Credit Union24 Month IRA Special (Traditional, Roth, CESA)21 Reviews
2.75%
$1k-$1,394
Credit Union Of The Rockies24 Month Promotional IRA (Traditional, Roth)
2.75%
$1k-$1,394
1st Source Bank25 Month IRA Special (Traditional, Roth, CESA)1 Review
2.70%
$500-$1,430
First Internet Bank24 Month IRA (Traditional, Roth)18 Reviews
2.67%
$1k-$1,353
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)3 Reviews
2.60%
$1k-$1,317
Service Credit Union2 Year IRA Certificate (Traditional, Roth, CESA)19 Reviews
2.60%
$1k-$1,317
TIAA Bank2 Year Yield Pledge IRA (Traditional, Roth)18 Reviews
2.60%
$5k-$1,317
AgFed Credit Union24 Month IRA Certificate (Traditional, Roth, CESA)4 Reviews
2.60%
$1k-$1,317
First Financial CU (IL)24 Month IRA Certificate (Traditional, Roth)1 Review
2.60%
$1k-$1,317
Alliant Credit Union24 - 35 Month Jumbo Roth IRA46 Reviews
2.55%
$25k-$1,364
United States Senate FCU24-35 Month IRA (Traditional, Roth, SEP)9 Reviews
2.53%*
$20k-$1,353
Hughes FCU24 Month IRA (Traditional, Roth, SEP)
2.53%
$1k-$1,281
GTE Financial24 Month Add-on IRA Special (Traditional, Roth, CESA, SEP)38 Reviews
2.53%
$500-$1,281
Affinity FCU22 Month IRA Special (Traditional, Roth, CESA)9 Reviews
2.53%*
$500-$1,175
Technology Credit Union24 - 35 Month IRA (Traditional, Roth)9 Reviews
2.50%
$1k-$1,337
Chartway FCU24-35 Month IRA (Traditional, Roth)27 Reviews
2.50%
$500-$1,337
Home Savings Bank24 Month Internet Only IRA (Traditional, Roth)
2.50%
$5k-$1,266
Bethpage FCU24 Month IRA (Traditional, Roth)8 Reviews
2.50%
$50-$1,266
Communitywide FCU24 Month IRA (Traditional, Roth)4 Reviews
2.50%
$2k-$1,266
Utah First FCU24 Month IRA (Traditional, Roth, CESA)4 Reviews
2.50%
$500-$1,266
Xceed Financial FCU24 Month IRA (Traditional, Roth, CESA)16 Reviews
2.50%
$500-$1,266
Synchrony Bank24 Month IRA CD (Traditional, Roth)314 Reviews
2.50%
$2k-$1,266
Greenwood Credit Union24 Month IRA Certificate (Traditional, Roth, CESA, SEP)16 Reviews
2.50%
$1k-$1,266
Quorum FCU24 Month IRA Term Savings (Traditional, Roth)9 Reviews
2.50%
$1k-$1,266
Ally BankIRA Raise Your Rate 2-Year CD (Traditional, Roth, SEP)694 Reviews
2.50%*
--$1,266
2.50%
$500-$1,214
Consumers Credit Union (IL)22 Month IRA (Traditional, Roth, CESA, SEP)88 Reviews
2.50%
$250-$1,161
North American Savings Bank25 Month IRA (Traditional, Roth, CESA)7 Reviews
2.43%
$1k-$1,285
La Capitol FCU2 Year IRA Certificate Account (Traditional, Roth, CESA)5 Reviews
2.40%*
$20k-$1,214
Nationwide by Axos Bank24 Month IRA (Traditional, Roth)2 Reviews
2.40%
$500-$1,214
Premier America Credit Union24 Month IRA (Traditional, Roth)12 Reviews
2.40%*
$25k-$1,214
Spectrum Credit Union24 Month IRA (Traditional, Roth, CESA)
2.40%*
$500-$1,214
Dover FCU2 Year IRA Share Certificate (Traditional, Roth, CESA)8 Reviews
2.38%*
$25k-$1,204

Displaying 1-40 of 146 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.