High yield retirement savings
Earn a higher rate than traditional IRA savings accounts.
- No minimum deposit to open
- No maintenance fees
- Daily compounded interest for maximum earnings
- Available for Roth, SEP, and Traditional IRAs. Find the IRA for you
- Access your accounts with Online Banking and Mobile Banking
- Funding options include rollover to Roth and Traditional IRAs
- The IRS may tax withdrawals; please consult your tax professional
- FDIC insured to the maximum allowed by law. Maximize your coverage
- Six transfers and withdrawals per statement cycle
- Other fees, such as those for returned deposit items and outgoing wires, may reduce earnings
- Rate is variable and may change after the account is opened
- Ally's IRA Online Savings Account rate is accurate as of 12/10/2013. See rates
The Ally difference
Some banks will charge you a fee to maintain your IRA. Not us. We don't charge any maintenance fees.
We don't require minimum balances to open. Many other banks charge a fee if your savings balance dips too low.
We work to keep our rates high. Other banks often tempt new customers with promotional rates.
We grow your money faster by compounding interest daily. Many others compound monthly, quarterly, or even annually.