Smart Retirement Tools
Limited Time Special Rate Offers
5-month IRA CD
4.00%APY1
Special Offer
7-month IRA CD
4.00%APY1
Special Offer
9-month IRA CD
3.50%APY1
Special Offer
12-month IRA CD
4.00%APY1
Special Offer
15-month IRA CD
4.00%APY1
Special Offer
18-month IRA CD
4.00%APY1
Special Offer
For those getting close to retirement, IRA CDs and Money Market accounts are great options to grow your savings. Predictable income and the ability to choose the account or term that suits you.
- Stability of a CD or flexibility of a Money Market
- Tax benefits of an IRA
- FDIC-insured up to $250,000
Retirement Education Center:
Helpful Calculators
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Spend it or Invest in an IRA?
If you are considering a large purchase or investment this calculator helps you understand the long-term impact of spending today versus investing in an IRA for your retirement.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Open an IRA Account today! -
How Long Will My Retirement Savings Last?
Estimate how long your retirement savings will sustain your desired lifestyle. This tool considers your spending habits, expected returns, and inflation to provide a realistic projection.
Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.By clicking the fintactix logo, you will be leaving Salem Five’s website and be taken to a third-party website. That website may have a privacy policy different from Salem Five and may provide less security than this Salem Five site. Salem Five and its affiliates are not responsible for the products, services, security, and content on the third-party website.Meet with an IRA Specialist -
Save for Retirement
Determine how much you need to save monthly to reach your retirement goals. This calculator considers your desired retirement age, lifestyle and expected expenses.Fintactix Logo External Link DisclaimerBy clicking the fintactix logo, you will be leaving salemfive.com and be taken to another website where the privacy and security policies may differ from our site.Salem Five Bank provides third party links for your convenience. Salem Five Bank is not responsible for the products, services, content, privacy policy, and security policy on third party websites.Get Started with a Savings Plan
5-Month, 7-Month, 9-Month and 12-Month, 15-Month, 18-Month IRA CD Special Disclosure:
1 Annual Percentage Yield (APY) is accurate as of 8/25/2026 and subject to change. Minimum $2,000 to open and obtain the disclosed annual percentage yield. Substantial penalty for early withdrawal. Fees may reduce earnings. Maximum deposit is $500,000.