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
Why Choose Fidelity?
- America's #1 IRA provider†
- No annual account fees and low minimums to invest
- Broad range of investment choices
- Tools, ideas and advice to help you prepare for retirement
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Earnings grow federally tax-free.1
No required minimum distributions (RMDs) during the lifetime of the original owner
No age limit2
Must have employment compensation
|IRA maximum contribution||
2017 and 2018: $5,500 ($6,500 if age 50 or older)
There is no minimum to open the account
Certain investments, like mutual funds, require a minimum initial investment
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 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.
$4.95 for online U.S. equity trades
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.
In this video, learn how three investors, all with different situations, were able to gain the Roth IRA's potential benefits.