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Individual Retirement Accounts

IRAs help you save for retirement, and save on taxes, too.

Open and Manage Account

Individual Retirement Account Rates

APY Effective 7/1/2024*


24 Month IRA CD with Member Advantage

$500 - $49,999.99

See Account Disclosure for details

Our flexible IRA accounts help you save for retirement, and save on taxes, too. Even if you already have a 401(k), a BECU IRA is a good way to supplement an employer-sponsored plan. Some of our IRAs are even held as fixed rate CDs with terms from 12 to 60 months, allowing you to create a strategy that works for you.

Which IRA is right for you?

Traditional IRA

This individual retirement account is for those who are looking for tax deferred growth potential, as IRA contributions may be tax deductible depending on your circumstances. Many people pay fewer taxes on these earnings because they move to a lower tax bracket after retirement.

Roth IRA

Offers more flexibility than Traditional IRA around how and when money can be withdrawn.  This individual retirement account has the same contribution limits as a traditional IRA, but you don't have to be under 70-1/2 years old to contribute. Contributions are not tax-deductible during the current tax year, but the earnings on your contributions are tax-deferred and may be tax-free if you wait to withdraw funds until you've had your Roth IRA for at least five years and you either reach the age of 59-1/2, become disabled, or qualify as a first-time homebuyer.

Coverdell Educational Savings Account (ESA)

This account helps pay for a child's education. When used to pay for qualified education expenses, the earnings on your contributions are tax-free.

APY rates below effective 7/1/2024*
$500 - $49,999.99 $50,000 - $99,999.99 $100,000 +
12 Month IRA CD with Member Advantage 3.56% 3.61% 3.61%
12 Month IRA CD 3.04% 3.09% 3.09%
24 Month IRA CD with Member Advantage 2.73% 2.78% 2.78%
24 Month IRA CD 2.22% 2.27% 2.27%

See Account Disclosure for details

Use this calculator to figure out if you are saving enough for retirement.

Earn More With Member Advantage

With Member Advantage, you'll enjoy even better earnings on IRAs, as well as CD and Money Market accounts. Member Advantage also rewards you with a premium rate on the first $500 in both your checking and savings accounts. Learn more

*APY = Annual Percentage Yield. Rates subject to change, fees may reduce earnings. To open this account, you're required to establish membership by opening a Member Advantage Savings Account or a Member Share Savings Account. Early withdrawal penalties may apply. Information contained on this website does not constitute legal or tax advice. Individuals should consult with their financial adviser and/or attorney for advice.