To continue enjoying all the features of Navy Federal Online, please use a compatible browser. Confirm your browser capability.

Celebrate! New Tiers and Higher Rates on Our Jumbo Money Market Savings Accounts

Enjoy more options and guaranteed returns on your money.

See the Rates

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% Footnote 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. Footnote 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.Footnote 1

Available in Traditional, Roth and SEP

Open Now open an MMSA

Jumbo IRA Money Market Savings Account

Earn Jumbo dividend rates on account balances of $100,000 or more.Footnote 3

Jumbo MMSA Dividend Rates
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.Footnote 1

Available in Traditional, Roth and SEP

Open Now open a JMMSA

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.

  • Long-term saving
  • Contribute at any time
  • No term restrictions

Earn more than a standard savings account by maintaining an account balance of $2,500 or more.Footnote 4

  • Higher balances receive greater earnings
  • Contribute at any time
  • No term restrictions

Plan ahead and earn guaranteed returns at a higher dividend rate than a savings account.

  • Variety of term options
  • Minimum deposit amount as low as $50
  • Competitive dividend rates

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.

Learn More at the Savings Learning Center

Savings Resources

View Moresavings resources

Disclosures

1

Rates on variable accounts (e.g., Share Savings, Checking, MMSA) may change after the account is open. This APY is accurate as of 11/23/2024. Fees may reduce earnings.

↵
2

A $2,500 minimum balance must be maintained to earn dividends on MMSA accounts.

↵
3

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.

↵
4

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.

↵