IRA CD Accounts

Helping you reach your retirement goals.

Tax-deferred IRA

Open up a Traditional IRA Account to enjoy a tax advantage while saving for your retirement in a safe and secure way. The earlier you start saving in a tax-deferred IRA, the more time you have for the savings to grow.

KEY FEATURES

Competitive Interest Earned

An IRA CD pays higher fixed interest rates.

Variety of Terms

We offer IRA CDs with terms ranging from 1-month to 4-years to meet your various financial needs. Automatic renewal at maturity is also available.

Online Banking

Customers can enroll in our online banking system to view their IRA CD account details.

Tax-Advantage

Enjoy tax benefits made to help you save more.

Security

Your IRA deposits are FDIC-insured up to $250,000.

INTEREST RATES, FEES & APPLICATION REQUIREMENTS

MINIMUM DEPOSIT

ADDITIONAL INFORMATION

Accrued interest will be credited to the account at maturity. There is a minimum deposit of $1,000 required to open an IRA CD. There is no monthly maintenance fee for this account. Penalties and penalty tax¹ may apply for early withdrawals and distributions.

For more information on opening an IRA CD account through BOC U.S.A., interest rates and application requirements, contact or visit our New York or Queens branch.

¹ BOC provides no tax advice. In case tax advice service is needed, the services of a tax advisor should be sought.