What you get

Great for starting your retirement savings, with easy monthly automatic transfers.
  • Savings for retirement
    A TD Simple Savings IRA may be a good choice if you are starting to save for retirement – it has a low minimum balance and provides the flexibility to make contributions at any time2
  • Free automatic transfers
    Kick-start your retirement savings with free incoming transfers from other accounts
  • Earn interest
    Your savings earn interest to help you toward your goals
  • Low opening deposit required
    Open with just $300

Standard Rate

Build your retirement savings with consistent returns.

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Interest rates with consistent returns to build retirement savings
Required Minimum Daily Balance to Earn APY*
Current APY*
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Save for retirement and enjoy tax benefits

Check with your tax advisor to see if you're eligible.3
  • Traditional IRA earnings grow tax deferred
    Earnings are taxable as income upon withdrawal; contributions may be tax deductible
  • Roth IRA earnings grow tax exempt
    There’s no income tax on withdrawn earnings if you meet the requirements of a qualified distribution
  • Annual contribution limits apply
    Contribute up to a certain limit or 100% of earned income, whichever is less; customers age 50 and over are eligible for an additional contribution2

What you pay

Monthly Maintenance Fee
None
Earns Interest
Yes
Minimum Opening Deposit
$300
Free with this Account
Additional contributions allowed2
Additional Benefits
N/A

Get the most from your new account

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Traditional IRA

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