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

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 strategies to help you prepare for 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

$4.95 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.


Ready to get started?

Rated 4.3 out of 5 by 762 reviewers.
Rated 5 out of 5 by Easy to manage I'm gradually converting IRA to Roth IRA and paying the taxes owed. Fidelity makes the process easy, of converting to Roth, and recharacterizing when necessary to return funds to IRA. No problem. August 10, 2015
Rated 5 out of 5 by ROTH IRA The account is easy to access, researching potential purchases provides a wealth of helpful information. Costs are fair August 3, 2015
Rated 4 out of 5 by Confidence This security is valuable and reliable. I will recommend to some my friend. August 3, 2015
Rated 5 out of 5 by Convenience Active Trader Pro is a major reason I like fidelity for trading. Without it, I would rate convenience one bar. August 3, 2015
Rated 5 out of 5 by Quick and Easy Quick and easy to set up . . . from electronic account opening to transfer of assets using a service rep, it all went smoothly. August 3, 2015
Rated 5 out of 5 by Best financial decision I've ever made. As many other people, I began late (early 30's) to notice the painting on the wall. Fidelity has been there for me every step of the way, and the reps are very knowledgeable and always explain things very efficiently. I always recommend Fidelity to anybody that talks about retirement planning to me. What I like about this company the most is the flexibility to do just about anything financial related with them. If you are thinking about retirement, do yourself a favor and just open an account ASAP. The younger the better! You will not regret it. July 31, 2015
Rated 5 out of 5 by reliable retirement vehicle No better retirement vehicle out there other than a pension, gives one an opportunity to grow retirement funds without the tax consequence July 29, 2015
Rated 5 out of 5 by Superb assistance from Fidelity for Rollover IRA Fidelity remains tops in customer service. Always a well qualified, articulate and eager to help person to make business transactions easy and pleasant. July 29, 2015
Rated 5 out of 5 by Roth IRA Like ability to transfer Rollover to Roth IRA on line July 29, 2015
Rated 4 out of 5 by nice and simple no major issues - would like to see how my fees and performance compare with others in fidelity July 20, 2015
Rated 5 out of 5 by Roth Overview At first I was apprehensive about setting up a Roth IRA and converting my traditional IRA to a Roth, but it was a very simple, straightforward and intuitive process. July 8, 2015
Rated 4 out of 5 by Easy to research and screen I enjoy how easy it is to screen the stocks and ETFs I want compared to another bank. The layout of the website is also appealing, simple, and straightforward. I also enjoy how you have periodic tips. June 29, 2015
Rated 3 out of 5 by Miss the personal touch I have walked into a couple of your offices trying to meet with someone and only to be put on the phone with a call center. I was also offered by a receptionist to leave my name and number and a particular agent who handles clients of my size would call me. It didn't happen. My children are in their early 20's and starting to think about investing and IRA's but I have mixed emotions about recommending Fidelity June 24, 2015
Rated 5 out of 5 by Great Tools, Good Help Fidelity has great tools for working with my IRAs. Contributions are easy to transfer from my checking account. The automated withdrawal tools seem to provide flexibility. I have been moving shares from my Traditional IRA to my Roth IRA to increase my taxable income to the top of the 15% bracket. Fidelity has a facility that lets me move all or a specified number of shares to the Roth the moment I choose without help. When I have over done the transfers to my Roth or have questions, their people have been first rate. Costs? What costs? Costs are limited to transaction fees or mutual fund fees as they would be in any other account. June 15, 2015
Rated 4 out of 5 by Ease of use I wanted to start a Roth IRA at an advance age and it was easy. June 15, 2015
Rated 5 out of 5 by Solid I like the choice of investments available, especially for low fee funds. Only difficulty I have had has been transferring an old Roth IRA to a new Fidelity account, but I eventually got the help I needed- the forms were a bit difficult to find. June 15, 2015
Rated 5 out of 5 by Nice and Easy My Fidelity Roth account is an essential piece of my investment portfolio. I have had it for many years and the only regret I have is that I didn't start sooner and put more money in it. I am not required to withdraw these funds, even after I reach 70 1/2 and is a fairly simple way to leave money to your heirs. I highly recommend this investment. June 9, 2015
Rated 5 out of 5 by great service hassle free Had an ira with another service was deceived about what type of investment I had, decided to move to Fidelity on a referal from my brother was a fantastic move they are great!! June 8, 2015
Rated 5 out of 5 by New Opportunity The Roth IRA was a new investment opportunity for me. Prior to recent changes in law I was unable to benefit from the Roth IRA offerings. Converting assets to a Roth insures my tax position is more favorable in my later years.. My thanks to the Fidelity Investment Advisor for bringing thisopportunity to my attention and helping me through the exchange. June 5, 2015
Rated 1 out of 5 by new site is outdated and worse than the previous Fidelity thinks they improved their site ...but only made it worse than before...hate the site... June 3, 2015
Rated 5 out of 5 by Fidelity Roth IRA A Roth IRA is an excellent investment but it is a small part of my portfolio. I wish they had them when I started my first 401K and traditional IRA. My tax bracket has not really decreased since I was in the work force. I am pulling my retirement from my traditional IRA and having to pay taxes. June 2, 2015
Rated 5 out of 5 by Roth Ira I am happy that my account advisor helped me choose the right Roth IRA for my needs. I have been a Fidelity customer for many years but I did not know about the Minimum required distribution rule that affects traditional IRA's had I known I woud have started investing in a Roth IRA sooner. June 1, 2015
Rated 5 out of 5 by User friendly Opening up my Roth IRA was the easiest account I have ever opened on-line. May 27, 2015
Rated 3 out of 5 by Secure and Relaible I found that their services offered where convenient and help. However wishing their was more guidance provided such as financial advisors. May 26, 2015
Rated 5 out of 5 by Cost effective Fidelity Roth IRA was easy to set up and inexpensive to maintain. It would be better if it could have some self-directed options. May 26, 2015
Rated 4 out of 5 by wish I had started conversions from traditional IRA earlier When you accumulate a decent traditional ira and begin to understand minimum distribution tax consequences ... add ss to the mix... FOR some it pays to begin converting funds (and pay the taxes earlier in your life) to avoid having to pay the tax on SS. Easy calculation/./ Wish I had started earlier.. that way I would have maximized returns and minimized taxes. Remember too much Minimum distribution not only causes taxes on SS but also on how much you pay for Medicare when you start to receive it. May 25, 2015
Rated 3 out of 5 by Reliable The trading time window can be more, the delay on the non ETF trading can be less. Funds on the clearing can be much faster. Overall a great product and good service keep up the good work. May 19, 2015
Rated 5 out of 5 by Ease of Use Very user friendly and convenient to use on-line. Support is readily available be phone if necessary. May 18, 2015
Rated 5 out of 5 by Best ever Love fidelity! Best value and great staff members!!! May 18, 2015
Rated 4 out of 5 by Fidelity IRA Like investing with Fidelity. I just wish they would give you personal guidance on what to invest in instead of having to read so much information on the website. May 16, 2015
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