Ally Bank IRA Online Savings Account
- No monthly maintenance fees
- Grow your money faster with interest compounded daily
- Six transactions limit per statement cycle Why only 6?
- Available for Roth, SEP and Traditional IRAs. Find the IRA for you
- Flexible funding options, including rollover to Roth and Traditional IRAs
- Your deposits are insured by the FDIC up to the maximum allowed by law. Maximize your coverage
Want to know more? Download our Straight Talk Product Guide
Managing your account is easy
Earn a higher rate than traditional IRA savings accounts.
We offer rates that are consistently competitive.
See how we compare
Estimate your earnings
What we're showing you
Our Annual Percentage Yield (APY) is accurate as of 06/24/2017. Keep in mind, this rate is variable and may change after the account is opened. Fees may reduce earnings.
The APYs for other banks are provided by mybanktracker.com and are accurate as of 06/23/2017. The APYs in this table are for the state of California.
The IRS may tax withdrawals; please consult your tax professional.
The most common services and transactions are free with Ally Bank.
- Monthly maintenance fees $0
- ACH transfers to your non-Ally Bank account $0
- Statement copies online $0
- Incoming wires (domestic & international) $0
- Postage-paid deposit envelopes $0
- Official / cashier's checks $0
- Unlimited deposits $0
The following services and transactions are available for a fee:
We're an online bank, which means we don't have physical bank locations. By eliminating the costs associated with traditional brick-and-mortar banks, we can offer great rates and outstanding customer care.
With Ally Bank, you get everything you expect from a traditional bank and more:
- Peace of mind. No hidden fees. No maintenance fees. No minimum balance required
- Make deposits. Deposit checks with Ally eCheck Deposit℠ or ACH transfers
- Keep track. Access your account anytime, anywhere with online and mobile banking
Learn more about the benefits and conveniences of Ally Bank.
Live customer care
When you want to build a better financial future
Whether you're starting to save or planning for retirement, we offer you the resources and the tools that can help you stay on track in any life stage.
Our Emergency Savings calculator can help you decide how much to put away for those unexpected costs.
Use our Saving for the Future calculator to identify how much to save toward your goals.
Find out if you're on track to reach your retirement goals with our See How You Compare tool
FormsSelect the form you need from the list below.
All IRA PlansIRA Beneficiary Request for Distribution
IRA Change of Beneficiary
IRA State Income Tax Withholding Election
Traditional & SEP IRA PlansTraditional-SEP IRA Application
Traditional-SEP IRA Direct Rollover Request
Traditional-SEP IRA Distribution Request
Traditional-SEP IRA Required Distribution
Traditional-SEP IRA Rollover Election
Traditional-SEP IRA Transfer Request
Roth IRA PlansRoth IRA Application
Roth IRA Conversion
Roth IRA Distribution Request
Roth IRA Direct Rollover-Conversion
Roth IRA Rollover Election
Roth IRA Transfer Request
Still have questions? Visit our Help Center.