Inherited Roth IRA

Inherited Roth IRAs are specifically designed for retirement plan beneficiaries—those who have inherited a Roth IRA or workplace savings plan, such as a Roth 401(k).

Fidelity realizes that inheriting assets may be stressful. We recommend calling a Fidelity Transition Services specialist at 800-544-0003 to help guide you through the process, in addition to consulting your attorney or tax advisor.

If you are the spouse of the deceased account holder, you are eligible to move the assets into your own Roth IRA at Fidelity. Call us for more information or learn about your choices when inheriting an IRA.

Account details


Any earnings grow federal income tax-deferred or tax-free.

Fidelity minimum
to open

None; transfer any inherited Roth amount.

Required minimum
distributions (RMDs)1

Vary by a number of factors, including your relationship to the deceased.

May be based on your age or the deceased’s age at the time of death. Penalties may occur for missed RMDs. Most are required to begin by December 31 of the year following the date of death.

Other withdrawals

No tax penalties on withdrawals at any age. Withdrawals may not be rolled back into the inherited account.

Certain decisions must be made within 9 months of the date of death and by December 31 of the year following the date of death.

Account benefits

Unique advantage
for inheritors

Provides the opportunity to continue the tax-advantaged growth of an inherited retirement account.

Investment options

A wide range of mutual funds, stocks, bonds, ETFs, and FDIC-insured CDs

Support and guidance

Fidelity Transition Services specialists to help you through the transfer process

Research and tools to help you create a long-term plan and choose investments


Account opening and annual maintenance fees


*There is no cost to open and no annual fee for Fidelity's Traditional, Roth, SEP, and Rollover IRAs. A $50 account close out fee may apply. Underlying fund expenses, including low balance and short term trading fees still apply. There may also be fees and expenses associated with transacting or holding specific investments.

Trading fees2

$0 commission for online U.S. stock trades

Core position

Uninvested cash

Uninvested cash in your account is held in what is known as a core position. Think of your core position as a place where money is held before you invest it or distribute it from your account. For an Inherited Roth IRA, the core position is the Fidelity Government Money Market Fund (SPAXX).