Planning for your future

Fidelity makes it easy to start building momentum now for what's ahead.


Special offer

Get $150 this holiday season

Deposit $50 in an eligible new Fidelity account, we'll give you $150. It’s that easy to start investing in you.

Use promo code FIDELITY150 when opening a Roth IRA or traditional IRA.


View offer details

Open a retail IRA in just a few steps



Invest with as little as $1


When it comes to investing, small amounts could make a big difference.



Create your retirement plan, for free1


Fidelity’s tools can help you create a plan and stay on track for your future.



No fees or minimums when you open an account2


You don't need a lot to get started.

How do you want to save for retirement?

Roth IRA


Get the flexibility to withdraw your contributions anytime, plus tax-free withdrawals3


Checkmark

Potential earnings grow tax free


Checkmark

Manage your own investing with our free retirement planning tools1


Checkmark

No account fees or minimums to open a retail IRA


Traditional IRA


Reduce your taxable income by deducting your contributions, if eligible


Checkmark

Potential earnings grow tax deferred


Checkmark

Manage your own investing with our free retirement planning tools1


Checkmark

No account fees or minimums to open a retail IRA


Fidelity Go® IRA


We’ll manage your retirement investing so you don't have to


Checkmark

Choose from a Roth or traditional IRA


Checkmark

Access professional money management with a strategy personalized for your goals


Checkmark

Pricing starting at $0 up to a $25,000 account balance



See how your money could grow

The sooner you invest, the more your money has the opportunity to grow over time.

Chart is a hypothetical comparison. Investing involves risk of loss and performance is not guaranteed.

  • How this chart works

    The hypothetical chart above illustrates the potential growth of an investment account assuming a 7% annual nominal investment growth rate vs a .07% National savings account deposit rate as of May 16, 2022*. This chart assumes estimated/average return rates stay constant over the course of the time horizon and that no withdrawals were taken. Taxes, fees, and inflation are not included. Unlike traditional FDIC savings accounts, investments accounts are subject to market risk and do not carry FDIC insurance to protect from loss. Each type of account has its own unique set of potential benefits and limitations that you should consider before deciding what type is right for you.

    Interact with the slider to increase or decrease the monthly contribution to discover how the money could grow in an investment account vs an FDIC savings account. The monthly contribution is how much you want to invest every month. In this chart it is set at $250, but you can move the slider from $0 to $1,000 to see how your contributions could grow over time. For example, a $250 monthly contribution in an investment account could grow to $304,993 in 30 years compared to $90,949 in a traditional savings account, using end of month compounding.

    This example is for illustrative purposes only and does not represent the performance of any security. The assumed rate of return is not guaranteed. Investments that have potential for a 7% rate of return also come with risk of loss. Past performance does not guarantee future results.

    * FDIC: National Rates and Rate Caps

8 moves to help snowball retirement savings

These little steps could have a big effect later.


Read the Fidelity Smart MoneySM article

  • What is a Roth IRA ?

    A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and withdraw those contributions tax-free and penalty-free at any time and for any reason. You can withdraw earnings tax-free and penalty-free once the 5-year aging requirement is satisfied and are age 59½ or older, or meet one of several exemptions (disability, qualified first-time home purchase, or death among others).

  • How is a Roth IRA different from a traditional IRA?

    With a Roth IRA, you contribute money that's already been taxed (that is, "after-tax" dollars). Any earnings in a Roth IRA have the potential to grow tax-free as long as they stay in the account. A distribution from a Roth IRA is tax-free and penalty-free, provided the 5-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death. Roth IRAs are not subject to required minimum distributions (RMD) during the lifetime of the original owner, so you can leave your assets in the Roth IRA where they have the potential to continue to grow.

    With a traditional IRA, contributions can be made on an after-tax basis, or a pre-tax (tax-deductible) basis if certain requirements are met. Any earnings in the traditional IRA are tax-deferred as long as they remain in the account. Withdrawals of pre-tax monies are subject to ordinary income tax when withdrawn and potential penalties if the distribution is taken before you reach age 59 1/2. RMDs are required from traditional IRAs no later than April 1st of the year following the year in which you turn age 72. If you wait until April 1st, you will then be required to take your second distribution by the end of that year.

  • Which IRA is better for me, Roth or traditional?

    Answer a few questions in the IRA Contribution Calculator to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes.

  • How much money do I need to open a retail IRA?

    There are no account fees or minimums to open a retail IRA. You can get started with investing with as little as $1.

  • Can I withdraw money from an IRA after I open it?

    You can withdraw your after-tax contributions to a Roth IRA tax-free and penalty-free at any time and for any reason. Otherwise, withdrawing earned income from a Roth IRA before the 5-year aging requirement is satisfied and you are 59 1/2 or older is subject to a 10% penalty in addition to income taxes unless an exception applies. Withdrawals from a Traditional IRA prior to age 59 1/2 are subject to a 10% penalty including ordinary income tax unless an exception applies.4

  • How can the IRA Contribution Calculator help me?
    Answer a few questions in the IRA Contribution Calculator to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes.


Best in the business

Take advantage of our current offers for eligible accounts.


Learn more