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 and Traditional IRA

Roth IRA

Roth IRAs are generally tax-advantaged 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

Find the right account for your long-term goals

roth and traditional
Fixed-Rate IRA

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

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Benefits and features

  • FDIC insured
  • Tax-advantaged
  • 6 to 60-month terms available
  • $0 monthly maintenance fees; fees for early withdrawal may apply
  • Get started with $2502
Make an appointment Account details

Traditional IRas only
18-Month Variable Rate IRA3

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

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Benefits and features

  • FDIC insured
  • Tax-deferred
  • Additional deposits of $50 or more can be made at anytime
  • $0 monthly maintenance fees; fees for early withdrawal may apply
  • Get started with $2502
Make an appointment Account details

roth and traditional
Money Market

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

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Benefits and features

  • FDIC insured
  • Tax-advantaged
  • No maturity obligation
  • $0 monthly maintenance fees
  • Additional deposits of $25 or more can be made at any time
  • Get started with $504
Make an appointment Account details

Personalized investments
Investment IRA*

An IRA account that is a custom plan developed with a Financial Advisor using the customer's investment goals and objectives.

Benefits and features

  • Work with a Financial Advisor to create a personalized retirement plan.1
  • A Financial Advisor manages your retirement funds
  • No minimum balance required
  • $52 annual maintenance fee
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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