IRA Money Market Savings Accounts
Celebrate! New Tiers and Higher Rates on Our Jumbo Money Market Savings Accounts
Enjoy more options and guaranteed returns on your money.
Make the Most of Your Retirement Savings With a Money Market IRA
Boost your retirement savings with IRA Money Market Accounts and Jumbo Money Market Savings Accounts.
- Grow your earnings with competitive rates
- Earn more than a standard savings account
APY as high as
2.250% 1
Term
None
Explore Our Accounts
IRA Money Market Savings Account
A money market IRA allows you to take advantage of higher dividends in exchange for a minimum balance of $2,500 or more. 2
| Minimum Deposit | APY |
|---|---|
| $0 to $2,499 | 0.00% |
| $2,500 to $9,999 | 0.95% |
| $10,000 to $24,999 | 1.06% |
| $25,000 to $49,999 | 1.10% |
| $50,000 and over | 1.50% |
Rates apply to the entire balance, not just the amount over the tier threshold. Monthly compounded, monthly credited.1
Jumbo IRA Money Market Savings Account
Earn Jumbo dividend rates on account balances of $100,000 or more.3
| Minimum Deposit | APY |
|---|---|
| $0 to $99,999 | 0.25% |
| $100,000 to $249,999 | 1.65% |
| $250,000 to $499,999 | 1.85% |
| $500,000 to $999,999 | 2.05% |
| $1,000,000 and over | 2.25% |
Rates apply to the entire balance, not just the amount over the tier threshold. Monthly compounded, monthly credited.1
Compare Retirement Savings Options
After you've decided on a money market IRA savings plan, the next step is to choose the savings option that will get you to your goals.
| IRA Savings Account | IRA MMSA & Jumbo MMSA | IRA Certificate |
|---|---|---|
Start early and save for your future on your terms while still earning dividends.
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Earn more than a standard savings account by maintaining an account balance of $2,500 or more.4
|
Plan ahead and earn guaranteed returns at a higher dividend rate than a savings account.
|
IRA Contribution Limits, Deadlines & Eligibility
Make sure you’re on top of your IRA. Read over IRA contribution limits, deadlines and eligibility here.
Learn More about IRA contribution limits, deadlines and eligibility.
Want More Information About Saving?
Explore our resources at Navy Federal's Savings Learning Center.
Savings Resources
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Retirement Interest Calculator
How much will your retirement account earn? This calculator provides a breakdown of earnings, including contributions, interest, taxes and penalties.
Learn Moreabout Retirement Interest Calculator -
Savings Rates
Check out our competitive rates on all Navy Federal savings products.
Learn Moreabout Savings Rates -
Switch to Paperless Statements
Reduce waste while increasing your account security. Make the switch to paperless statements.
Learn Moreabout Switch to Paperless Statements
Disclosures
Rates on variable accounts (e.g., Share Savings, Checking, MMSA) may change after the account is open. This APY is accurate as of 02/08/2023. Fees may reduce earnings.
↵A $2,500 minimum balance must be maintained to earn dividends on MMSA accounts.
↵Should the balance in a Jumbo MMSA account fall below $100,000, the dividend rate paid will be the Savings Account rate for each day the account is below $100,000.
↵A $2,500 minimum balance must be maintained to earn dividends on MMSA accounts. Should the balance in a Jumbo MMSA account fall below $100,000, the dividend rate paid will be the Savings Account rate for each day the account is below $100,000.
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