What is a Roth IRA?
A Roth IRA is an individual retirement account (IRA) you fund with after-tax dollars. Your investments have the potential to grow tax-free and may be withdrawn tax-free, provided certain requirements are met.1 Contributions you add to a Roth may be withdrawn at any time penalty-free.
Benefits of a Roth IRA
Tax savings
Keep more of what you make: Any investment growth in a Roth is tax-free, with tax-free withdrawals in retirement.1
Flexible access to your money
Need money in a pinch? Any amount you add to your Roth can be withdrawn without taxes or penalties, anytime for any reason.
Easy to qualify
Earned income: To be eligible to contribute, you simply need to earn income within specific IRS limits.
Answer 4 quick questions to see if you're eligible—and how much you can contribute.
Pick the Fidelity Roth IRA that fits you best
Answer one simple question to start: Who do you want investing your Roth IRA?
I'll invest on my own
- Select and manage your own portfolio of investments with our free planning tools2
- Choose from a broad range of investment options to suit your needs
- No account-opening fees or minimums3—invest with as little as $1
Help me manage my investments
- Investments managed for you based on your preferences and financial goals
- Ongoing monitoring and rebalancing by our investment professionals
- No account-opening minimum—just $10 to invest4
- $0 advisory fee for balances under $25K (0.35% for balances of $25K+)4
Looking for a more hands-on managed approach?
Consider Fidelity® Wealth Services for your planning and investment management needs. Minimum investment is $50,000 for access to a team of advisors or $500,000 for a dedicated advisor.5
Not sure which IRA is right for you? Check out our Roth vs. traditional IRA comparison.
Don't forget these important next steps
Contribute
No reason to delay putting money in—you can withdraw your contributions anytime, free of federal taxes and penalties.
Make or schedule a contribution Log In Required
Invest
Investing gives your money the potential to grow—so don't overlook this critical step. (If you chose Fidelity Go®, we'll do the investing for you.)
View investment options
FAQs
Additional resources
Roth IRA for Kids
Your child can start saving for retirement as soon as they have a job. Invest with tax-deferred growth and potential tax-free withdrawals.
Learn more
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