Individual Retirement Accounts (IRAs)

An IRA, or Individual Retirement Account, is a tax-advantaged investment option for individuals. Regions offers Traditional and Roth IRAs. Compare offerings to identify the best fit for you.

Compare IRAs

The difference between a Roth, Traditional and Education IRA

Roth IRA

Roth IRAs are generally tax-free retirement accounts.

  • Contributions are not tax-deductible
  • Earnings generally grow tax-free
  • Withdrawals are generally tax-free

Traditional IRA

Traditional IRAs are tax-deferred retirement accounts.

  • Contributions may be tax-deductible
  • Earnings grow tax-deferred
  • Withdrawals are generally taxable

Education IRA

Education IRAs are tax-advantaged accounts designed to pay for higher education.

  • Contributions are not tax-deductible
  • Earnings grow tax-deferred
  • Withdrawals are generally tax-free

Find the right account for your retirement goals

roth, traditional and education iras
Fixed-Rate IRA

IRA account that earns interest at a fixed rate for the term of the time deposit.[1]

  • FDIC insured
  • Tax-advantaged
  • 6 to 60-month terms available
  • Get started with $250[2]

Check rates

Make an appointment Account details

Traditional IRas only
18-Month Variable Rate IRA[3]

Earns interest at a rate that is comparable to the prevailing rate in the market.[1]

  • FDIC insured
  • Tax-deferred
  • Additional deposits of $50 or more can be made at anytime
  • Get started with $250[2]

Check rates

Make an appointment Account details

roth, traditional and education iras
Money Market

This retirement account allows for regular deposits, withdrawals and the rollover of the IRA funds at any time.[1]

  • FDIC insured
  • Tax-advantaged
  • Additional deposits of $25 or more can be made at anytime
  • Get started with $50[4]

Check rates

Make an appointment Account details

Personalized investments
Investment IRA*

  • Work with a Financial Advisor to create a personalized retirement plan.[1]
  • A Financial Advisor manages your retirement funds
  • No minimum balance required
Find an Advisor Account details

Get answers to your IRA questions

  • Individual Retirement Accounts or IRAs are a tax-advantaged or tax-deferred way for you to save for retirement. For some IRAs, you can invest in mutual funds, stocks, bonds and exchange traded funds. Regions offers FDIC-insured bank IRAs, in which you can invest through money markets, fixed rate or 18-month variable rate products.[1]

  • The rules for withdrawing from an IRA vary depending on age and the type of IRA. Visit the IRS website for more information on IRA withdrawals.

  • The rules for contributing to your IRA vary depending on the type of IRA. Visit the IRS website for more information on IRA contribution limits.

  • Learn more about the differences between a Roth and Traditional IRA on our FAQs page.

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