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Roth IRA

With a Roth IRA, you make contributions with money on which you've already paid taxes. Your money can then potentially grow tax-free, with tax-free withdrawals in retirement, provided that certain conditions are met.1

Tax advantages

Earnings Earnings grow federally tax-free.1

Tax-free withdrawals1

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

Account features


No age limit2

Must have employment compensation

Other income requirements apply.

IRA maximum contribution

2014 and 2015: $5,500 ($6,500 if age 50 or older)

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

One-on-one guidance—in person, online, or over the phone

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. Fund investments held in your account may be subject to management, low balance and short term trading fees, as described in the offering materials. For all securities, see the Fidelity commission schedule (PDF) for trading commission and transaction fee details.

Trading fees3

$7.95 for online U.S. equity trades

Converting from a Traditional IRA?

If you would like to convert a Traditional IRA to a Roth IRA, use the Roth Conversion Checklists.  

Rated 4.3 out of 5 by 539 reviewers.
Rated 5 out of 5 by Late Starter I moved my Roth to Fidelity because of the convenience I experienced with Fidelity servicing my 401k & Rollover IRA. I started late thinking about retirement. Fidelity has been there when I had questions and made it easy. I do my own research and trading but they provide so much excellent information in making my decisions. December 29, 2014
Rated 5 out of 5 by Best in Class Company Fidelity is a "best in class" company regarding investments and IRAs. Each customer service experience has been pleasant. Each question has been answered fully and I have not had to call back or contact Fidelity a second time. Fidelity offers thousands of accounts from which to choose, and provides an abundance of information and search options for selecting the right funds or stocks for my portfolio. Fidelity offers it all. July 1, 2014
Rated 5 out of 5 by Freedom of Choice Unlike a 401K through work, I like the fact that I can choose my own investments. I love the fact that I can choose stocks or even ETFs over mutual funds if I choose. There are few restrictions. January 31, 2014
Rated 5 out of 5 by Great customer service I love Fidelity products mainly because of Fidelity customer service. It does not matter which option you choose, chat, email, mail or phone they are all knowledgeable and helpful. I also love the ease and convenience of trading etc. January 28, 2014
Rated 5 out of 5 by Roth IRA Account My Roth IRA account allows me to trade with confidence and reliability. Trading costs are low and trades are handled quickly and efficiently. June 24, 2013
Rated 5 out of 5 by Easy and Accessible, Perfect for "Rookies" I am a working mom who wants to secure her family's future. I am not well-versed in financial matters, and I assumed there were no good options for a rookie like me. Fortunately, Fidelity proved me wrong! The site is easy to use, and best of all, I am not subject to ridiculous fees that can discourage small investors like me. Now, I transfer a small, set amount each month. And when I have a few extra dollars, my first thought is, "Oh, I can't wait to put this towards my IRA!" Thank you, Fidelity, for this opportunity to invest in my family and my future! March 8, 2013
Rated 4 out of 5 by Easy to manage. Worry free. I like the convenience of Fidelity. My agent is helpful and easy to work with. I wish I had stayed with Fidelity instead of straying to other firms. I am back now and very happy. January 24, 2013
Rated 5 out of 5 by Best Place for a Low-Cost Roth IRA For several years I have funded my Roth IRA with Fidelity and have been very pleased with the ease and convenience of managing my account on line and on my smartphone. Last month, I did something I should have done years ago -- I moved my Roth accounts that were being held by other firms into my Fidelity Roth IRA. Now, I am no longer paying custodial fees, and Fidelity offers an incredible array of investment options. I've long been a fan of Fidelity's low-cost mutual funds, and now they're offering 30 free ETF trades, which I'm already taking advantage of. For Roth IRA investment choices and low costs, Fidelity can't be beat. February 29, 2012
Rated 5 out of 5 by Great Website full of info & Research Great website full of research and information regarding Mutal Funds & Stocks . Just wish there were more commission-free ETFs online. March 31, 2015
Rated 4 out of 5 by Confusing balance amounts Cash balance does not update in real time. Actual cash available is confusing if you trade and hold options. March 30, 2015
Rated 5 out of 5 by Easy Street I switched from a competitor to Fidelity and I'm very happy with the products and ease of setting up an account and moving my investment. March 30, 2015
Rated 5 out of 5 by Excellent secure and reliable I love my entire Fidelity experiences.. is to use and user friendly... March 30, 2015
Rated 5 out of 5 by Convenient This is our first year in a Roth IRA...I wish we started earlier. We will continue to contribute. March 30, 2015
Rated 5 out of 5 by The long hall A Roth provides the most flexibility hpe never to need it, but if I do I love knowing what comes out will be tax free March 30, 2015
Rated 5 out of 5 by My Future Currently this is the best opportunity for saving for my future. March 23, 2015
Rated 5 out of 5 by Secure and easy to do It would be nice to offer more advice regarding investment options for an overall portfolio diversification strategy. Just seems to setup easily an Roth Account but then you are on your own. March 23, 2015
Rated 3 out of 5 by Need better research tools I wish the products could be more easily researched, e.g., i'm interested in index funds, with little or no fees, and then get a results based on my criteria. another way to increase my usage and rating of fidelity.com would be for me to compare multiple funds, e.g., using the previous index funds, i can choose and compare up to maybe 5 of them at once and see them all on a page. another way I'd be interested in researching would be comparing the top no/low fee index funds with the top no/low fee ETFs. these are at top of my wishlist. March 17, 2015
Rated 5 out of 5 by Fidelity Roth IRA I was amazed how easy it was to open a Roth IRA and link it to my traditional IRA. It is a good tool for investors in their sixties who need to think about the tax consequences of a MRD before reaching 70 1/2. March 16, 2015
Rated 5 out of 5 by A Financial Cornerstone Every financial professional recommends opening a Roth IRA if you qualify. Fidelity is a trusted institution and a low cost leader with plenty of investment options. March 16, 2015
Rated 5 out of 5 by Good rollover account, lots of useful features. The assistance in moving the security was welcome and needed. The transfer was surprisingly rapid. The opportunity to invest in some high quality 'load waived' funds was one of the main draws. I think this may be an exclusive situation. As I transfer my next IRA to fidelity- I will be making use of these features. The detailed retirement questionnaire that lets you know where you stand and makes 'what ifs' easy to manipulate' in your own plan is especially helpful. March 16, 2015
Rated 4 out of 5 by Site becoming too complex I used to monitor, trade & adjust my IRA on a monthly basis. Since the site has gotten so complex, I get here about once every 6 months now. March 16, 2015
Rated 5 out of 5 by Fidelity Made Conversion Painless I am at a point in life where converting old 401(k) rollovers to a Roth make optimal tax efficiency. Fidelity handled the account setup and asset transfers, including payment of income taxes, flawlessly. I am very happy working with Fidelity. March 16, 2015
Rated 5 out of 5 by Trusted partner The creation and funding of my Roth IRA was smooth and without issue. The web site makes investing easy and worry free. March 9, 2015
Rated 5 out of 5 by extremely satisfied with my Roth IRA Before converting my accounts to Fidelity, I had many "bits and pieces" of stocks, and other assets. My representative was able to consolidate my funds into diversified, but simpler and more intelligent ways to invest. I am extremely pleased with his work! March 2, 2015
Rated 4 out of 5 by Roth IRA change I like everything except for the fact that I can not get my "year to date return". I can get that in my Fidelity 401k but not my Roth. Why? March 2, 2015
Rated 5 out of 5 by So far I love my Roth IRA Using Fidelity website to track my accounts is the best. My company's 401k program is with Fidelity so I get to track my 401k along with my Roth IRA. February 28, 2015
Rated 5 out of 5 by Roth IRA Government should make it do everyone can qualify for a ROTH IRA. February 23, 2015
Rated 5 out of 5 by Easy to Convert The Fidelity Retirement Relationship Coordinator made the traditional to ROTH IRA conversion process seamless. February 23, 2015
Rated 3 out of 5 by Roth IRA I love the customer service I received in setting up this Roth account. I wish Fidelity had someone to explain in greater detail how to buy and sell stock as well as have views to see and compare all options across the board. February 18, 2015
Rated 5 out of 5 by Owner I am very satisfied with the features and management that Fidelity provides for my IRA. February 18, 2015
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ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.

1. A distribution from a Roth IRA is tax-free and penalty-free provided that the five-year aging requirement has been satisfied and one of the following conditions is met: age 59½, death, disability, qualified first time home purchase.
2. You must be at least 18 to open an IRA at Fidelity.
3. $7.95 commission applies to online U.S. equity trades in a Fidelity account with a minimum opening balance of $2,500 for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (of between $0.01 to $0.03 per $1000 of principal). Other conditions may apply. See Fidelity.com/commissions for details.
The initial customer ratings and reviews for this product (those dated before 3/16/2012) were provided to Fidelity through an email solicitation for feedback on the product. All ratings and reviews are provided to Fidelity on a voluntary basis and are screened in accordance with the guidelines set forth in our Customer Ratings and Reviews Terms of Use. For additional information on which ratings and reviews may be posted, please refer to our Customer Ratings and Reviews Terms of Use. Featured Reviews have been selected based on subjective criteria and reviewed by Fidelity Investments. The average rating is determined by calculating the mathematical average of all ratings that are approved for posting per the Customer Ratings and Reviews Terms of Use and does not include any ratings that did not meet the guidelines and were therefore not posted. Ratings and reviews are added continuously to the website (after a delay for screening against guidelines) and average ratings are updated dynamically as reviews are added or removed.
The ratings and experiences of customers may not be representative of the experiences of all customers or investors and is not indicative of future success. The accuracy of information included in the customer ratings and reviews cannot be guaranteed by Fidelity Investments. Customers who post ratings may be responsible for disclosing whether they have a financial interest or conflict in submitting a rating and review.
Please contact a Fidelity representative if you have additional questions or concerns about the ratings and reviews posted here.
Fidelity Brokerage Services, LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield RI 02917

Roth IRA Income Requirements

For single filers

For 2014, those with Modified Adjusted Gross Incomes (MAGI) up to $114,000 are eligible to make full contributions. For 2015, those with Modified Adjusted Gross Incomes (MAGI) up to $116,000 are eligible to make full contributions.

For 2014, those with MAGI between $114,000 and $129,000 are eligible to make partial contributions. For 2015, those with MAGI between $116,000 and $131,000 are eligible to make partial contributions. Use Fidelity's IRA Contribution Calculator to determine your partial contribution amount.

For joint filers

For 2014, those with MAGI up to $181,000 are eligible to make full contributions. For 2015, those with MAGI up to $183,000 are eligible to make full contributions.

For 2014, those with MAGI between $181,000 and $191,000 are eligible to make partial contributions. For 2015, those with MAGI between $183,000 and $193,000 are eligible to make partial contributions. Use Fidelity's IRA Contribution Calculator to determine your partial contribution amount.

For those with income above the limits

If you are above these limits and you have assets in a Traditional IRA or an old workplace savings plan, such as a 401(k), you may still be able to take advantage of the benefits of a Roth IRA by converting these assets. Learn about converting to a Roth IRA.