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Traditional and Roth IRAs (Fixed Rate)

Plan for retirement the safe and secure way.

Call to Open an IRA 1-800-621-2105

Or call 1-800-621-2105

IRAs (Fixed Rate) Dividend Rate  APY 
6 Month Term 4.21% 4.35%
8 Month Term 4.49% 4.65%
1 Year Term 2.92% 3.00%
13 Month Term 3.87% 4.00%
18 Month Term 3.64% 3.75%
2 Year Term 2.92% 3.00%
3 Year Term 2.92% 3.00%
4 Year Term 2.58% 2.65%
5 Year Term 2.68% 2.75%

IRA Annual Percentage Yield (APY) effective as of January 21, 2025, and may change without notice. Minimum deposit of $1,000 to open IRA. Primary members under the age of 18 must have a $500 minimum deposit to open IRA. Minimum of $500 balance required to earn dividends. Health Savings account funds are not eligible. Fees may reduce earnings. Penalty for early withdrawal. Elements reserves the right to amend or discontinue offers at any time and to limit the balance of a IRA at any time.

Traditional and Roth IRAs (Fixed Rate)

Individual Retirement Accounts put you in charge of your future.

KEY FEATURES

  • Save for retirement at any age in a tax-advantaged way
  • Choose between tax-deductible contributions (Traditional IRA) or tax-free withdrawals (Roth IRA)
  • Contribute up to $7,000 per tax year, or possibly $8,000 if you are over age 50

Call to Open an IRA 1-800-621-2105

MAY BE A GOOD CHOICE IF

  • You are self-employed or don’t have access to an employer-sponsored plan like a 401(k)
  • You’ve maxed out your 401(k) contribution
  • Trade-off: IRAs can have lower contribution limits than 401(k)s

Compare to Other Savings Options

How Much Can I Contribute to an IRA?

IRA Eligibility Calculator

Where can I find this on my tax return?

Do you participate in a retirement plan at work?

Results

Non-deductible Traditional IRA

  • You
  • Spouse

Deductible Traditional IRA

  • You
  • Spouse

Roth IRA

  • You
  • Spouse
  1. 1 Based on asset size as of 9/3/2024.