Retirement CD Special

  • Tax-advantaged

    Depending on the type of IRA you choose, you can grow your money tax-free or tax-deferred.

  • Competitive

    This CD offers our most competitive, promotional rates – and great returns.
  • Guaranteed return

    After you choose the term length and rate that works best for you, that guaranteed rate will last for the duration of your term.1

  • FDIC-insured

    All U.S. Bank CDs are FDIC-insured to the maximum permitted by law.

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Terms and annual percentage yield (APY)

You can deposit between $1,000 and $250,000.2 Annual percentage yield (APY) and interest rates effective mm/dd/yy for County, State (Change)

Term1
in months
CD amount APY3

Compare IRAs

Feature

Traditional IRA

Roth IRA

Description

Tax-deferred retirement savings account:

  • No tax on the portion of your income you invest
  • No tax on additional value your investments gain
  • Potential taxes on withdrawals in retirement

Tax-free retirement savings account:

  • Funded with income that has been taxed
  • No tax on additional value your investments gain
  • No taxes on withdrawals in retirement

Eligibility

  • Any age
  • Any age
  • Income thresholds apply

Contribution limits

  • Under age 50: $6,000 per year
  • Over age 50: $7,000 per year
  • Under age 50: $6,000 per year
  • Over age 50: $7,000 per year

Distribution and withdrawals

  • Required minimum distributions start at age 72 (distributions are taxed)
  • Penalty for withdrawals before age 59 ½
  • No required minimum distributions
  • Penalty for withdrawals before age 59 ½

How much can you earn?

Simply choose your CD, your opening deposit and your term length. We’ll do the calculating. Annual percentage yield (APY) and interest rates effective mm/dd/yy for County, State (Change)

Ready to get started?