How much does an IRA Specialist make in the United States? The average IRA Specialist salary in the United States is $54,617 as of April 24, 2024, but the range typically falls between $48,520 and $61,103. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

IRA Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile IRA Specialist Salary $42,970 US April 24, 2024
25th Percentile IRA Specialist Salary $48,520 US April 24, 2024
50th Percentile IRA Specialist Salary $54,617 US April 24, 2024
75th Percentile IRA Specialist Salary $61,103 US April 24, 2024
90th Percentile IRA Specialist Salary $67,009 US April 24, 2024
25% $48,520 10% $42,970 90% $67,009 75% $61,103 $54,617 50%(Median) Didn’t find job title? Click
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What skills does an IRA Specialist need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.

2.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

3.

Data Analytics: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

Problem Solving 5.79%
SQL 1.33%
Data Analytics 0.79%
Others 92.09%

Job Description for IRA Specialist

IRA Specialist develops IRA rate sheets and prepares transfers, distributions, rollovers, conversions, death claims, and closures in accordance with government regulations and bank policies. Maintains retirement records and is responsible for current and proper financial statements and reports. Being an IRA Specialist utilizes database or system to process transactions and retrieve information. May require a bachelor's degree. Additionally, IRA Specialist typically reports to a supervisor or manager. The IRA Specialist works on projects/matters of limited complexity in a support role. Work is closely managed. To be an IRA Specialist typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for IRA Specialist
  • Are you looking for an opportunity to advance your career while working with an extraordinary team. At Merakey, we put heart and soul into everything we do...
    - 11 Days Ago
  • Are you looking for an opportunity to advance your career while working with an extraordinary team. At Merakey, we put heart and soul into everything we do...
    - 11 Days Ago
  • Who We Are. We believe in fostering lasting relationships and creating innovative solutions so our customers can focus on feeding families. Gemini delivers...
    - 6 Months Ago
  • Lex Women's Care-West Columbia. Full Time. Day Shift. M-Th 8-5, Fr 8-1. Sign-On Bonus: Up to $7,500. Consistently named best hospital, Lexington Medical Ce...
    - 1 Month Ago
  • NO WEEKENDS. NO NIGHTS. Warehouse Specialist Benefits. Medical/Dental/Vision Insurance. Company paid Long-term disability insurance. Paid Time Off. Paid Ho...
    - 1 Month Ago

Career Path for IRA Specialist

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For IRA Specialist, the first career path typically progresses to Check Collections Manager.

The second career path typically progresses to Bankcard Program Administrator.

The third career path typically progresses to Online Banking Manager.

Additionally, the fourth career path typically progresses to Float Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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IRA Specialist salary varies from city to city. Compared with national average salary of IRA Specialist, the highest IRA Specialist salary is in San Francisco, CA, where the IRA Specialist salary is 25.0% above. The lowest IRA Specialist salary is in Miami, FL, where the IRA Specialist salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for an IRA Specialist, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
48520
61103
54617

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50052
64907
57199
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of IRA Specialist in the United States. The base salary for IRA Specialist ranges from $48,520 to $61,103 with the average base salary of $54,617. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,052 to $64,907 with the average total cash compensation of $57,199.
Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

48520
61103

 

Step 3 of 3

How much should you be paid?

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Skills associated with IRA Specialist: Payment Processing, New Account Openings, Customer Service, Banking Software ...More

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IRA Specialist Salary in United States
IRA Specialist Salary Graph, Regional Distribution and Summary