For ZIP  

Benefits of a Retirement Money Market account

A Retirement Money Market account is a type of savings account held in a traditional or Roth IRA account. Enjoy a simple, cost‑effective way to set aside retirement savings – with low upfront requirements and potential tax advantages.

No monthly maintenance fee

Grow your savings even faster with no monthly maintenance fee.

Simple to get started

You’ll need a $100 minimum opening deposit or a $25 automatic monthly deposit.

Tax-advantaged saving

Combine the tax advantages of a retirement account with the stability of a money market account.

Retirement Money Market account rates

Annual percentage yield (APY) and interest rates effective date for ZIP code zipcode (Edit)

APY is the effective annual rate of return, taking into account the effect of compounding interest.

Deposits are FDIC-insured1 up to applicable limits, providing added security as your savings grow.
 

Enter your ZIP code

Daily balance*

APY

Interest rate

$ to $

  • Daily balance*

  • $ to $

  • APY

  • Interest rate

Is a Retirement Money Market account right for you?

This account may be an ideal fit if you’re looking for an FDIC-insured1 way to save for your retirement:

  • A low-risk option for your retirement savings
  • Stability without market-based fluctuations
  • A way to complement other retirement investments
Schedule a branch appointment

Retirement savings accounts FAQ

You can open a Retirement Money Market account by visiting a U.S. Bank branch. A banker can help you review eligibility, answer questions and guide you through the account-opening process. This account can’t be opened online.

No. Retirement Money Market accounts aren’t available for Personal Trust IRAs. If you have questions or would like more information, call 800-USBANKS or visit a U.S. Bank branch.

Yes. A Retirement Money Market account is an IRA money market account designed to help you grow your retirement savings.

Yes. You can access funds from your Retirement Money Market account. Withdrawals may be subject to IRA rules and tax implications. A banker can help you understand available withdrawal options and account requirements. For more information, call 800-USBANKS or visit a U.S. Bank branch.

U.S. Bank and its representatives do not provide tax or legal advice. Because each individual’s financial situation is unique, consult your tax or legal advisor regarding your specific circumstances.

Yes. Retirement Money Market accounts are designed to provide a low-risk way to grow your retirement savings. Deposits are FDIC-insured1 up to $250,000 per depositor, per insured bank, for each account ownership category, offering added security.

Let’s connect

Call 866-252-9695
Find a branch
Schedule a branch appointment
Start of disclosure content

Disclosures

* You must maintain the minimum balance needed for each tier in order to earn the Annual Percentage Yield (APY) disclosed. All rates and APYs are subject to change after the account is opened. Fees could reduce earnings on the account. Interest rates currently offered on applicable deposit accounts are determined at the bank's discretion and may change daily. We use the daily balance method to calculate interest on all deposit accounts. This method applies a daily periodic rate to the principal in the account each day. Interest on your check deposit begins to accrue on the business day we receive credit for your applicable deposit accounts. Interest will be compounded daily and credited to your account monthly for all savings accounts, except Standard Savings, which is paid quarterly. If you close your account before interest is credited you will not receive the accrued interest.

Start of disclosure content

  1. FDIC insured to the maximum allowed by law.

  2. This account requires an individual retirement account plan. Retirement Money Market accounts are only available at U.S. Bank branches. Personal Trust IRAs are excluded.

Start of disclosure content

Deposit products are offered by U.S. Bank National Association. Member FDIC.