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

Reasons to consider a Roth IRA

  • Earnings grow federally tax-free.1
  • Tax-free withdrawals1
  • Tools, ideas, and strategies to help you prepare for your retirement

Get started now


Earnings grow federally tax-free.1


Tax-free withdrawals1

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


No age limit2

Must have employment compensation

Other income requirements apply

IRA maximum contribution

2016 and 2017: $5,500 ($6,500 if age 50 or 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

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

More information

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.

Contribute to your IRA
Already have a Fidelity IRA? Contribute now to take advantage of tax-deferred growth.

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

Rated 4.3 out of 5 by 751 reviewers.
Rated 5 out of 5 by simple and understandable Fidelity makes investing understandable to beginners while also offering more advanced features. Fidelity doesn't overwhelm new users with features though, they organize things in a logical way and show only the necessary buttons. Fidelity is user friendly to people of all abilities. If there is ever a term that you might not know Fidelity has simple definitions easily accessible for quick reference. I am very pleased with Fidelity. June 20, 2016
Rated 5 out of 5 by It couldn't be easier. The hard part was figuring out what I wanted to do. Once I decided how much I wanted to convert and when I wanted to do it, the people at Fidelity walked me through the process which was really not difficult when you had someone who knew what they were doing walking you through each step. June 13, 2016
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 Good program and easy to set up The Fidelity Roth IRA is easy to set up and easy to manage. I will highly recommend it to others. January 16, 2017
Rated 3 out of 5 by OK I have just rolled over my Roth 401k to this Fidelity account. Now the performance is sort of up to the returns of the Fidelity fund I have selected. So far Fidelity Service on this account has been good. January 10, 2017
Rated 5 out of 5 by Flexible and informative My Roth IRA gives me the ability to do more, and different types of investing than my traditional IRA or my 401K. January 10, 2017
Rated 5 out of 5 by Mrs Good investment selections. Prompt investment. great support January 9, 2017
Rated 4 out of 5 by easy to use A good investment program if you can afford to go past standard IRA contribution January 9, 2017
Rated 5 out of 5 by Fidelity Roth IRA = Great Value The Fidelity Roth IRA is a great value with a large selection of investments available. The web site is easy to use and navigate. Customer Service is always top notch January 9, 2017
Rated 4 out of 5 by it's been fine so far I have numbers on a screen, I have not yet attempted to convert those numbers into actual dollars (or whatever is of equivalent value). I'll let you know when I do. January 2, 2017
Rated 5 out of 5 by Easy Access and Secure My Fidelity Roth IRA is set up for easy reading and provides important information with easy access! January 2, 2017
Rated 5 out of 5 by Also as expected All trades go through in a timely fashion and at a reasonable cost. December 21, 2016
Rated 5 out of 5 by Secure and reliable Very easy to set up and even easier to perform conversions from a Traditional IRA to the ROTH. December 13, 2016
Rated 5 out of 5 by Easy to use and monitor Seeing that this is a self directed IRA the review only applies to the wedsite which is very nice. December 13, 2016
Rated 4 out of 5 by Great Customer Service, Not for the Novice I had a 403B through my former workplace and I was able to move my invested money between funds, choosing where I wanted investments to go and if I wanted to move existing investments. I moved to another state within the last 4 months and rolled my 403B to an IRA. I wasn't prepared for the different setup with the IRA. I have zero experience with stocks, bonds, etc. I don't understand how they work other than I buy shares from the funds and they make money or lose money. With the IRA, I can sell, buy, trade, none of which I know how to do. The good thing is that there are loads of tutorials provided by Fidelity on the website, and when I've called, their representatives are always helpful. I do not think that I would personally choose an IRA again as my inexperience could lead to severe loss. I simply am not confident in making investment decisions. That being said, someone else may enjoy this type of account and being able to control their investment decisions, so I would recommend the account to that type of person. December 13, 2016
Rated 5 out of 5 by Working woman I value low-cost funds, user friendly platform for investing. December 12, 2016
Rated 2 out of 5 by Poor implementation The Fidelity Roth IRA is a poor implementation of a Roth IRA. Roth IRA's have unique characteristics as it pertains to early retirement. It is possible to withdraw funds from a Roth IRA prior to the qualified age of 59 1/2 if proper records are kept. This includes the following: 1) Some rollovers from other types of retirement accounts to a Roth IRA will have a 5-year "seasoning period". Each rollover will have its own seasoning period. Withdrawals during these seasoning periods can trigger penalties. 2) The account itself has a seasoning period. Again, withdrawals during this seasoning period can trigger penalties. 3) Withdrawals of contributions (aka "cost basis") can be done without taxes or penalties prior to the qualified age if restrictions 1 and 2 above don't apply. In order to do financial planning and make these early withdrawals, proper record-keeping is essential. Sadly, the Fidelity Roth IRA provides none of the online reporting necessary to track the above items year after year. I have contacted Fidelity directly in regards to this issue, and no resolution was provided. December 12, 2016
Rated 5 out of 5 by Secure This account is secure and easy to use. I like having control of my account. December 12, 2016
Rated 5 out of 5 by Dependable Having a local office and person assigned to help is a big asset. December 12, 2016
Rated 5 out of 5 by Informative Excellent visit to the office. Person at the front desk was courteous and helpful. Meeting with consultant was informative and to the point. Very knowledgeable of current market status and gave me directions to information that will help me make future decisions. December 6, 2016
Rated 4 out of 5 by Roth IRA I had after tax monies stuck in a 401K Plan for many years with no means to really access those funds. Converting those funds to the Roth IRA will now permit me to have access to that money if I need it. I was pleased that my Fidelity Representative recognized this fact and suggested the conversion this year. December 6, 2016
Rated 5 out of 5 by Great Progam this Roth helps with my needs to help with wealth management December 6, 2016
Rated 5 out of 5 by Secure and reliable I love the ease of use and that although I am new to Fidelity I can navigate and understand it easily November 22, 2016
Rated 4 out of 5 by secure Lots of investment choices, able to track 24/7, great option for retirement savings. November 17, 2016
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