An IRA CD is a type of retirement account that invests your money in a CD. When you open a regular CD, you're putting away money for the near future — with an IRA CD, your CD is part of your ...

This CD comes with a $1,500 minimum opening deposit, which is a bit steeper than other banks. If you don't plan to put a lot of money into your CD, you might want to consider one of our other options.