An Individual Retirement Account through AAA allows you to save for retirement while deferring taxes on the interest you earn. Anyone can open an IRA, but the product is ideally suited for those who don’t have a retirement plan through their employer.
More rates available. Call for details.
|$0 - $1,499.99||0.05%|
|$1,500 - $4,999.99||0.12%|
|$5,000 - $14,999.99||0.16%|
|$15,000 - $39,999.99||0.30%|
|$40,000 and above||0.40%|
and I can bank
I love it."
Anne B. | Ames, IA
They are both ways to move funds between retirement accounts. The difference is the way the funds are moved.
|Your money is moved from a qualified retirement account (such as a 401(k)) or another IRA to a new IRA. The funds are disbursed directly to you and must be deposited to the new IRA within 60 days to avoid a tax penalty. Rollover funds do not count as your yearly contribution. You can rollover funds once per year.|
|Your money is moved directly from one IRA to another. Your existing IRA custodian or trustee sends the funds directly to your new IRA custodian or trustee. These funds do not count as your yearly contribution. You can transfer funds from IRA to IRA as often as you wish, as there is no limit on the number of transfers you can make.|
How much do I need to open this account?
The minimum opening deposit for an IRA CD is $1,500.
The minimum opening deposit for an IRA Savings is $25.
How much interest is calculated on my IRA CD?
The interest for our IRA CDs is earned daily and credited to your account annually and at maturity.
How is interest calculated on my IRA Savings?
The interest for our Savings IRA is earned daily and posted to your IRA quarterly.
Not sure how to open an account online? We can walk you through it. Just give us a call (855.999.2265) or email one of our customer service representatives today at AAABanking@acg.aaa.com.
To complete your saved application, click here and click on “Retrieve A Saved Application”. Please have the following information ready:
*Annual Percentage Yield (APY) is accurate as of 6/06/2022. Advertised rates are subject to change without notice. IRA Savings Accounts: A $25 minimum opening deposit is required. IRA CD Accounts: Interest rates are fixed until initial maturity after the account is opened. A $1,500 minimum deposit to open the account and obtain the APY is required. A penalty may be imposed for early withdrawal. Fees may reduce earnings on the account. Products are offered by Auto Club Trust, FSB, Equal Credit Opportunity Lender.
** See FDIC Website for National Average. If rate not listed national average is not available.
+ Rate listed based on $40,000 balance and above. Interest paid based on tiered rate.