5 Year IRA Rates

Compare rates on 5 year IRAs from banks and credit unions. Use the filter box below to customize your results. Scroll down below the rate table or click here if you would like to read an overview of the IRA CD product category and some discussion of a common strategy around longer-term IRA CD products.

ALERT: Due to the recent rate changes by the Federal Reserve, 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. We appreciate your patience.
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85 Results

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Nationwide Only
Lafayette FCU5 Year Fixed IRA (Traditional, Roth, CESA)25 Reviews
4.63%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$6,349
GTE Financial60 Month IRA (Traditional, Roth, CESA)57 Reviews
4.54%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$6,214
Crescent Bank60 Month IRA (Traditional, Roth)4 Reviews
4.50%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$6,155
Seattle Bank60 Month IRA (Traditional, Roth)2 Reviews
4.50%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$6,155
State Department FCU60 Month IRA Certificate (Traditional, Roth)12 Reviews
4.47%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$6,110
Ally Bank 5 Year IRA High Yield CD (Traditional, Roth, SEP)841 Reviews
4.35%
MIN TO
EARN
MIN TO EARN:-

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,932
Department Of Commerce FCU60-84 Month Fixed IRA (Traditional, Roth, CESA)21 Reviews
4.32%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,823
Discover5 Year IRA (Traditional, Roth)267 Reviews
4.30%
MIN TO
EARN
MIN TO EARN:$2.5k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,858
Synchrony Bank60 Month IRA CD (Traditional, Roth)377 Reviews
4.30%
MIN TO
EARN
MIN TO EARN:-

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,858
Alliant Credit Union60 Month IRA (Traditional, Roth, SEP)71 Reviews
4.25%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,784
Andrews FCU60 Month Jumbo IRA Certificate (Traditional, Roth, CESA)61 Reviews
4.25%
MIN TO
EARN
MIN TO EARN:$10k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,784
United States Senate FCU60 Month IRA (Traditional, Roth, SEP)12 Reviews
4.24%*
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,769
Interior FCU60 Month IRA Certificate (Traditional, Roth, CESA)5 Reviews
4.07%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,519
American 1 Credit Union5 Year IRA (Traditional, Roth, CESA)3 Reviews
4.06%
MIN TO
EARN
MIN TO EARN:$50

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,504
Michigan State University FCU5 Year IRA (Traditional, Roth, CESA, SEP)9 Reviews
4.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,416
Langley FCU60 Month IRA (Traditional, Roth)15 Reviews
4.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,416
Bellco Credit Union60 Month IRA (Traditional, Roth, CESA)16 Reviews
4.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,416
Third Federal Savings and Loan59 Month IRA Special (Traditional, Roth, SEP)9 Reviews
4.00%
MIN TO
EARN
MIN TO EARN:$100

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,331
PenFed Credit Union5 Year IRA (Traditional, Roth, SEP)191 Reviews
3.85%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,198
Velocity Credit Union5 Year IRA Certificate (Traditional, Roth, SEP)7 Reviews
3.85%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,198
Chevron FCU60 Month IRA (Traditional, Roth)5 Reviews
3.85%*
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,198
Spectrum Credit Union60 Month IRA (Traditional, Roth)2 Reviews
3.85%*
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,198
Self-Help Credit Union60 Month IRA (Traditional, Roth)9 Reviews
3.77%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,081
Self-Help FCU60 Month IRA (Traditional, Roth)3 Reviews
3.77%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$5,081
Technology Credit Union60 Month IRA (Traditional, Roth)11 Reviews
3.65%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,908
Genisys Credit Union5 Year IRA Certificate (Traditional, Roth, CESA)18 Reviews
3.60%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,836
Affinity FCU60 Month IRA Certificate (Traditional, Roth, CESA)14 Reviews
3.55%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,764
Connexus Credit Union60 Month IRA (Traditional, Roth)60 Reviews
3.51%
MIN TO
EARN
MIN TO EARN:$5k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,707
Principal Bank60 Month Standard IRA (Traditional, Roth)1 Review
3.51%*
MIN TO
EARN
MIN TO EARN:-

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,707
Service Credit Union60 Month IRA Certificate Special (Traditional, Roth)26 Reviews
3.50%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,692
TIAA Bank5 Year IRA (Traditional, Roth)30 Reviews
3.45%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,621
Marine FCU60 Month IRA (Traditional, Roth, CESA, SEP)6 Reviews
3.45%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,621
University FCU60 Month Fixed IRA (Traditional, Roth)13 Reviews
3.25%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:$100k
EST.
EARN 🛈
EST. EARN:$4,335
UNIFY Financial Credit Union60 Month Fixed IRA (Traditional, Roth, CESA)12 Reviews
3.10%*
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,123
Hiway Credit Union60 Month IRA (Traditional, Roth, CESA)10 Reviews
3.10%*
MIN TO
EARN
MIN TO EARN:$25k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$4,123
Sun East FCU60 Month IRA (Traditional, Roth)13 Reviews
3.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$3,982
3.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$3,982
Farmers Insurance FCU60 Month IRA Certificate (Traditional, Roth, SEP)2 Reviews
3.00%*
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$3,982
Lake Michigan Credit Union60 Month IRA CD Special (Traditional, Roth, CESA, SEP)70 Reviews
3.00%
MIN TO
EARN
MIN TO EARN:$500

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$3,982
Teachers FCU60 Month IRA (Traditional, Roth)9 Reviews
2.90%
MIN TO
EARN
MIN TO EARN:$1k

MAX
MAX:-
EST.
EARN 🛈
EST. EARN:$3,841

Displaying 1-40 of 85 Results


5-Year IRA CD

What is an IRA CD?

IRA CD is an acronym for Individual Retirement Account Certificate of Deposit. Though a mouthful, this financial product could be a very useful component of a retirement investing strategy. The basic way to think of an IRA CD is to picture a CD cloaked inside of an IRA. The CD part is the agreement you make with a bank or credit union to deposit funds with them for a fixed period of time, and the IRA part serves as a tax shield or benefit that allows you to deduct the account principal from your taxes.

CD Strategy

The 5-Year IRA CD is still a time deposit that gains interest, like most other CD offerings. You can use it as the last rung on a CD ladder to reach for yield, and you could even mix CDs in that don’t have an IRA feature. The basic way to build a CD ladder is to buy multiple CDs or IRA CDs in a sequence of maturity periods, starting with a 1-year term and capping it with a 5-year term, for example. Laddering allows you to take advantage of changing interest rate environments without incurring early withdrawal penalties (by reserving the ability to reinvest CD funds every year), as well as keeps some funds liquid for use in the near future.

Types of IRAs

The IRA part of the CD means that, in order to reap the tax benefits, you must abide by the typical rules that govern the various retirement accounts. As you can see in the 5-Year IRA CD rate table above, there are offerings that cover the basic types of retirement accounts: Traditional, Roth, SEP (Simplified Employee Pension), CESA (Coverdell Education Savings Account). SEP IRA rules differ from Simple IRA rules and are not the same product. A Roth IRA 5-Year CD could be more beneficial than a Traditional IRA 5-Year CD, as far as liquidity, because the Roth IRA allows you to withdraw contributions at any time and for any reason. Use a Roth IRA calculator to determine whether it makes sense given your situation.

Contribution & Tax Rules

IRA contribution rules are set by the IRS each year and apply in the same way they would if you had an IRA without the CD. In most cases, you are not able to contribute additional funds to an open IRA CD, but you are able to have multiple open at the same time. The tax rules vary with each type of IRA, and you should speak with a tax professional before opening one to help maximize the benefit.

5-Year IRA CD rates, also known in the credit union world as 60 Month IRA Share Certificate rates, are usually similar to standard CD rates. Roth 5-Year IRA CD rates and Traditional 5-Year CD rates are the most common you will find in the rate table above.




* 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.