With an IRA with Citibank, you can choose from two types of deposit accounts: Insured Money Market Accounts or Certificates of Deposit (CDs). Both are FDIC-insured and have no monthly fee.
Likewise, does Citibank have a pension plan?
The Pension Plan is designed to pay a benefit after you retire. … Generally, the amount of the benefit is based on your years of credited service, your pay, your age, when benefits begin and interest rates under the Pension Plan.
Secondly, who manages Citibank 401k?
Plan Service Providers
| SERVICE | PROVIDER |
|---|---|
| Corporate Trustee | BlackRock, Inc. |
| Corporate Trustee | BNY Mellon |
| Recordkeeper | Aon Hewitt |
| Investment Adviser | Lazard Asset Management LLC |
Which bank has the best IRA rates?
Best IRA CD rates: Bank details
- Ally Bank. …
- Navy Federal Credit Union. …
- SchoolsFirst Federal Credit Union. …
- Synchrony Bank. …
- Golden 1 Credit Union. …
- Suncoast Credit Union. APY: 0.40%-1.25% APY (6 months-5 years) …
- Alliant Credit Union. APY: 0.50%-0.65% APY (1 year-5 years) …
- Discover Bank. APY: 0.20%-0.60% APY (3 months-10 years)
What are the current CD rates at Citibank?
Citibank CD rates
| Term | Interest Rate | Minimum deposit |
|---|---|---|
| 18 months | 0.10% | $500 |
| 24 months | 0.10% | $500 |
| 30 months | 0.10% | $500 |
| 36 months | 0.10% | $500 |
How much does Wells Fargo match in 401k?
401(k) Plan
Currently, Wells Fargo matches your contributions – dollar for dollar – up to 6% of your eligible pay on a quarterly basis, after you complete one year of service. Additionally, Wells Fargo may make a discretionary profit sharing contribution to your 401(k) Plan account based on company performance.
Do Citi employees get stock options?
They have stock options that connect to your 401k.