Roth IRA

With a Roth IRA, you make contributions with money on which you've already paid taxes, so you’ll pay no taxes on withdrawals in retirement, provided certain conditions are met.1

Why invest in a Roth IRA with Fidelity?


Earnings grow federally tax-free1


Tax-free withdrawals1

You are able to withdraw your contributions tax- and penalty-free at any time, for any reason

No required minimum distributions (RMDs) during the lifetime of the original owner


No age limit2

Must have employment compensation

Other income requirements apply

Contribution limits

$5,500 (age 49 and under); $6,500 age 50 and older

Minimum investment

There is no minimum to open the account

Certain investments, like mutual funds, require a minimum initial investment

Investment options

Access to a wide range of investments offering growth or income including mutual funds, stocks, bonds, ETFs, and FDIC-insured CDs

Support and guidance

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

Account fees

There is no opening cost, closing cost or annual fee for Fidelity's Traditional, Roth, SEP, SIMPLE, and rollover IRAs*

Trading fees3

$4.95 for online U.S. equity trades

In this video, learn how three investors, all with different situations, were able to gain the Roth IRA's potential benefits.

Roth IRAs for all

More information

Contribute to your IRA
Already have a Fidelity IRA? Learn about the benefits of making regular contributions.

Converting to a Roth IRA
Learn about the potential benefits of a Roth IRA and how to take advantage of them if you have assets in a Traditional IRA.

Roth Conversion Checklists
Follow these steps to convert a Traditional IRA or an old 401(k) to a Roth IRA.