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IRAs

Sound offers Traditional, Roth, and Coverdell Education Savings Accounts (CESA) to help with retirement and education expenses. IRAs are insured separately up to $250,000 by the National Credit Union Administration (NCUA).

IRA Options

IRA Savings

Perfect for those who want to start saving for retirement, but want a low minimum account balance. Open an account with as little as $25. 

  • Competitive dividend rate
  • Flexibility—make contributions at any time, in any amount, up to the maximum annual contribution limits
  • No annual maintenance fee
  • Income that may be tax-deferred1
  • Contributions that could be tax-deductible1

IRA Certificate

Great for those who are looking for the earning advantage of a certificate account for funds they’ve set aside for retirement. Open an account with as little as $1,000.

  • A fixed dividend rate during the term of your certificate
  • Multiple terms available from 12 to 60 months
  • Make contributions at any time ($100 min.), up to the maximum annual contribution limits
  • No annual maintenance fee
  • Income that may be tax-deferred1
  • Contributions that could be tax-deductible1

IRA Transfers and Rollovers

Have an IRA at another financial institution? Transferring those funds or rolling over funds from a retirement account to your Sound IRA is easy. Just call our Contact Center or visit your local branch.

Today's Rates Dividend Rate APY * Minimum Balance
IRA Certificates
12 months0.250%0.25%$1,000
18 months0.300%0.30%$1,000
24 months0.598%0.60%$1,000
36 months0.847%0.85%$1,000
60 months1.342%1.35%$1,000
*APY=Annual percentage yield; dividends are compounded and credited monthly
Rates and fees are subject to change. Please check with your local branch, or call if we can answer any questions.
Effective as of March 1, 2017
Today's Rates Dividend Rate APY * Minimum Balance to Open Minimum Balance To Earn APY *
IRA Savings0.200%0.20%$25-
Rates and fees are subject to change. Please check with your local branch, or call if we can answer any questions.
Effective as of March 1, 2017

A Prime Savings account is required to open an IRA account at Sound.

1For specific tax advice, please consult your tax advisor.

Routing #: 325183220

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