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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

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

2015 and 2016: $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

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.

Rev up your readiness to retire
Fidelity study finds more than half of Americans at risk. Consider six steps to get on track.

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 626 reviewers.
Rated 5 out of 5 by Roth IRA - Smart Move I had post tax dollars in my company 401K. Fidelity made it simple and seamless to roll these funds over without any fees with the principal invested in a Roth IRA and the dividends on the principal to an IRA. Investment Funds were either the same or similar investment objectives. December 14, 2015
Rated 5 out of 5 by happy client i am very satisfied with my ira.i moved everything to fidelity just so i could have everything in one place.my adviser is so helpful with this product and all fidelity products.He really does not try to push me into things I am cot comfortable with. November 22, 2015
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 Flexibility The ROTH IRA gives so much enthusiasm and confidence knowing that withdrawals and earnings are essentially tax free. This will be a big boost one day when you need those extra funds to make a significant purchase during retirement and wont get hit with a big tax bill. That is my hope. January 26, 2016
Rated 4 out of 5 by On par A Roth IRA is a Roth IRA. It is the funds that make or break it. Service with Fidelity seems to have been declining recently. There even seems to be an unwillingness to face to face meetings with an Executive Account Representative. January 17, 2016
Rated 4 out of 5 by Roth redux This account was a rollover account and it was pre-positioned prior to changing platforms. January 11, 2016
Rated 4 out of 5 by Roth IRA Our Fidelity representative is excellent. He is knowledgeable and gives us the impression he has done this before and can provide advice on situations we may not have anticipated. With the market performance the last 6 months, it is hard to say how our choices will do over the long term. I did suggest splitting the investments, which our representative had not suggested, but did agree with. We hope this investment performs well over the long haul as it will probably be inherited by our heirs at some point in time. January 11, 2016
Rated 4 out of 5 by Customer Oriented I have appreciated the interface with my broker. He has given me items to look at and consider. January 6, 2016
Rated 5 out of 5 by Easy to use I enjoy the online tools. They allow me to do my own research and investing. January 5, 2016
Rated 3 out of 5 by SDR Roth IRA Fidelity does a great job managing my IRA's. The issues I have all revolve around how difficult it is to navigate through your web site. The main problem I have had is once I have made a withdrawal from my traditional IRA I have had to call each time to get help making sure the taxes were taken out. Your customer service people have been great each time, which helps a lot. Nevertheless, I should not have had to call for the help. December 30, 2015
Rated 5 out of 5 by Roth IRA I'm very satisfied with my Fidelity Roth IRA; I consolidated several other Roth IRAs into 1 at Fidelity. December 30, 2015
Rated 4 out of 5 by Easy to open Rollover from company 401K plan. Easy to do, representative was helpful. Reasonable commission on stock trades, easy to setup DRIP. December 28, 2015
Rated 4 out of 5 by Roth IRA All is good. Everything is as expected. Access to account is good. Haven't used Customer Service. Transfer from another IRA is a slow process like all brokerages that I have worked with. December 28, 2015
Rated 4 out of 5 by Feedback I believe the Roth IRA is a good investment, although I find it difficult to navigate the website myself to get what I need. I typically have to call customer service and they walk me through how to get what I need. They are always very helpful. December 28, 2015
Rated 4 out of 5 by CD Valuation Frustrated with the value you place on my CD's. Would prefer to see them valued at face value in my totals, not at the value they could theoretically be sold for today. December 23, 2015
Rated 5 out of 5 by Very helpful information and tools I love the wealth of information and tools provided to help me make the decision to convert an IRA to a ROTH. December 20, 2015
Rated 5 out of 5 by Roth IRA A Roth IRA at Fidelity is convenient and offers many investment choices. December 7, 2015
Rated 5 out of 5 by Extremely secure/reliable I have had a Roth IRA since the 80's. Best tool the Gov't. gave to people wanting to have investments grow and not be taxed at withdrawal. I don't understand why more people do have them. Big mistake is wanting to open one after you retire but you might not have earned income. I love my Roth IRA accounts and I love Fidelity. Your after hours/weekend support is great! December 7, 2015
Rated 5 out of 5 by Service Review Excellent!! The software is very easy to use. I do not have any problems, what so ever!!! December 6, 2015
Rated 4 out of 5 by Recently moved my Roth to Fidelity I have held small accounts at Fidelity for years, but only moved this account to Fidelity about six months ago. It is doing fine, but not enough time has passed to fairly justify giving Fidelity maximum scores in every category. There are several things I like very much. Two examples important to me are: #1 is the advice and support -- very much in tune with my needs, concerns with consideration of long term needs and tax implications of investments. (My previous adviser had more of a "one size fits all" approach, and slightly higher expense ratios.) The web site is excellent, has lots of resources for looking at alternatives, comparisons, etc., and is easy to use. My only regret is that I waited so long to look into Fidelity for this kind of help. November 30, 2015
Rated 5 out of 5 by Easy and helpful I'm a college student getting into investing and beginning my retirement planning. Fidelity has made it easy for me to learn and made educated decisions easy to make. The account has been all that I need it to be. November 29, 2015
Rated 4 out of 5 by Fidelity is the Best I have been completely happy with my entire Fidelity experience - be it the tools on line - the simplicity in placing my orders. When I have issues, I call someone and they do everything to help me out. When I did a rollover, I felt the customer service representative went well beyond my expectations to make that happen. I was very appreciative of that. November 23, 2015
Rated 2 out of 5 by Using Fideltiy for your IRA Other brokers offer more and at a better price point. If you are just buying and holding they are pretty good at that. November 16, 2015
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Investing involves risk, including risk of loss.

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.

Guidance provided is educational.

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.