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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:

152 Results

Nationwide Only
Connexus Credit Union24 Month IRA Certificate (Traditional, Roth)31 Reviews
3.20%
$5k-$1,630
Greenwood Credit Union24 Month IRA Certificate (Traditional, Roth, CESA, SEP)11 Reviews
3.15%
$1k-$1,604
KS StateBank2 Year IRA - In Branch Only (Traditional, Roth)3 Reviews
3.10%
$500-$1,574
Summit Credit Union (WI)27 Month IRA Special (Traditional, Roth, CESA)5 Reviews
3.00%
$500-$1,723
Georgia Banking Company2 Year IRA Certificate (Traditional, Roth)
3.00%
$500-$1,522
First Internet Bank24 Month IRA (Traditional, Roth)15 Reviews
2.94%
$1k-$1,496
5Star Bank24 Month Variable IRA (Traditional, Roth)1 Review
2.92%
$250-$1,485
Communitywide FCU24 Month IRA (Traditional, Roth)4 Reviews
2.90%
$2k-$1,475
State Department FCU24 Month IRA Certificate (Traditional, Roth)6 Reviews
2.83%
$500-$1,439
Mountain America Credit Union24 Month IRA (Traditional, Roth)24 Reviews
2.75%
$500-$1,398
Utah First FCU24 Month IRA (Traditional, Roth, CESA)2 Reviews
2.75%
$500-$1,398
Synchrony Bank24 Month IRA CD (Traditional, Roth)296 Reviews
2.75%
$2k-$1,398
TIAA Bank2 Year Yield Pledge IRA (Traditional, Roth)12 Reviews
2.75%
$5k-$1,394
Elements Financial22 Month IRA Special (Traditional, Roth, CESA)4 Reviews
2.75%
$1k-$1,278
McGraw Hill FCU27 Month IRA Promo (New Money) (Traditional, Roth, CESA)
2.70%
$1k$1m$1,548
Alliant Credit Union24 - 35 Month Jumbo CESA45 Reviews
2.70%
$25k-$1,445
Capital One24 Month 360 IRA (Traditional, Roth)391 Reviews
2.70%
--$1,372
Quorum FCU24 Month IRA Term Savings (Traditional, Roth)8 Reviews
2.70%
$1k-$1,372
2.70%
$1k-$1,368
Chartway FCU24-35 Month IRA (Traditional, Roth)27 Reviews
2.66%
$100-$1,424
Bellco Credit Union24 Month IRA (Traditional, Roth, CESA)12 Reviews
2.65%
$500-$1,346
Discover Bank24 Month IRA (Traditional, Roth)204 Reviews
2.65%
$2.5k-$1,346
Mutual of Omaha Bank25 Month IRA Special (Traditional, Roth, SEP)3 Reviews
2.60%
$1k-$1,376
Spectrum Credit Union24 Month IRA (Traditional, Roth, CESA)
2.60%*
$500-$1,321
Ally BankIRA Raise Your Rate 2-Year CD (Traditional, Roth, SEP)673 Reviews
2.60%*
--$1,317
Northrop Grumman FCU2 Year Term IRA (Traditional, Roth, CESA)3 Reviews
2.59%
$2k-$1,312
Evansville Teachers FCU2 Year IRA (Traditional, Roth, CESA)3 Reviews
2.56%
$1k-$1,296
University FCU24 Month Fixed IRA (Traditional, Roth)12 Reviews
2.55%
$1k$100k$1,295
AFFCU2 Year IRA
2.55%*
$1k-$1,291
North American Savings Bank25 Month IRA (Traditional, Roth, CESA)5 Reviews
2.53%
$1k-$1,339
Affinity FCU22 Month IRA Special (Traditional, Roth, CESA)9 Reviews
2.53%*
$500-$1,175
American Heritage FCU24 Month IRA Certificate (Traditional, Roth, CESA)3 Reviews
2.51%
$1k-$1,274
Market USA FCU24 Month Preferred IRA (Traditional, Roth, CESA)2 Reviews
2.51%
$500-$1,274
Michigan State University FCU2 Year IRA (Traditional, Roth, CESA, SEP)7 Reviews
2.50%
$500-$1,337
Technology Credit Union24 - 35 Month IRA (Traditional, Roth)9 Reviews
2.50%
$1k-$1,337
PNC Bank25 Month Fixed Term IRA Special (Traditional, Roth, CESA, SEP, SIMPLE)98 Reviews
2.50%*
$25k-$1,323
Velocity Credit Union25 Month IRA Certificate Promo (Traditional, Roth)5 Reviews
2.50%
$2.5k-$1,323
Bethpage FCU24 Month IRA (Traditional, Roth)8 Reviews
2.50%
$50-$1,269
2.50%*
$25k-$1,269
First Technology FCU24 Month IRA (Traditional, Roth, CESA)26 Reviews
2.50%
$500-$1,269

Displaying 1-40 of 152 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.