This is an archived article that was published on in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Ally Bank is offering a $250 incentive for customers who make $50,000 in deposits to an Ally IRA that come from outside Ally Bank.

To qualify, the deposit can be in the form of rollovers, trustee-to-trustee transfers and individual contributions (up to annual contribution limits), and may be met with multiple deposits, across Traditional, Roth, SEP IRA plans and IRA accounts. The incentive, limited to one per new and existing customer, will be paid in July 2014 and the account must be open, with qualifying funds in the account, at the time of payment.

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