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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.

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 657 reviewers.
Rated 4 out of 5 by convenient and reliable Everything is good except one thing: for the login ID and password, special characters are not accepted. So I don't feel 100% secure about the protection of my account. I think special characters such as ! ? - % $ & * should be allowed. December 9, 2014
Rated 1 out of 5 by overall experiences nothing special about Fidelity... esp. re: products, prices and conviences December 9, 2014
Rated 3 out of 5 by It's just a custodial account I am a self directed investor. I really cannot complain about the account structure itself. It works as I had intended it to. I can make trades inside it, etc.. The only thing I wish there was (and this is not just for IRA and Roth accts.) would be a evaluator tool on the website for evaluation of ESG performance and an ability to evaluate/screen out fossil fuels and the like. December 9, 2014
Rated 2 out of 5 by No YTD Change I live chatted an agent asking about how to see the YTD change on my Roth IRA - I have a employer 401K and can see the YTD change with a click of a button. When I chatted to ask about the Roth IRA and that feature, I felt the person (I believe her name as Anne) was very condescending. I am capable of calculating the YTD change by pulling up the actual statements. I don't need to know HOW to calculate the YTD change, I would just like to conveniently pull it up like my 401K (it is on the same drop down menu as my 401K, but it doesn't pull up the YTD change when I click on it). I thought there was a possibility I was in the wrong area of the website. December 9, 2014
Rated 5 out of 5 by Traditional IRA Converting to Existing Roth Great experience so far, easy trades, transfers, etc. 60 % of my portfolio is currently in a Traditional from conversion, 25% in Roth and 15% about in a Individual cash account. I want to ultimately have all the Traditional money in the Roth and wondering how much sense it makes to transfer the 60% into the Roth and not withholding taxes. Would this just deplete my tax return and is this a good move for the future? Also, the 60% transferred into a Roth doesn't count as contributions meaning only $5,000 ($5,500) a year right? Thanks Fidelity! December 5, 2014
Rated 5 out of 5 by Review of Fidelity Roth IRA We are very happy with our Fidelity Roth IRA.. Especially important to us is the ongoing communication with our Fidelity Investment Advisor and articles of interest provided to us for review of the global marketplace and investing. We are very pleased with our investment experience with Fidelity. November 12, 2014
Rated 5 out of 5 by Excellent Service Eric does an excellent job in keeping me updated with the market and he know's exactly what my expectations are. November 11, 2014
Rated 5 out of 5 by Setup easy with Adviser Explained all the steps and how accounts worked. Friendly and knowledgeable about what I was trying to communicate. November 4, 2014
Rated 2 out of 5 by Roth IRA My Roth IRAs are self directed and I have one BIG COMPLAINT. WHY CAN'T FIDELITY GIVE US A CHECKING ACCOUNT FOR OUR ROTHS LIKE THEY DO FOR A CONVENTIONAL i see no valid reason why you cannot do so. It is not rocket science to establish a simple set of rules to allow this. I personally find it a great inconvenience to transfer money to our joint account. IT would be so nice to be able to carry the Roth checkbook with us so that we can make an instant purchase if necessary while continuing to let our money grow tax free. Had I know this before transferring my accounts I would not have transferred my Roths. Having online access is great to buy/sell stocks etc, but you certainly do not make it easy for us to have access to our money. I would recommend Fidelity to friends but also warn them about your position of not issuing checking accounts for those who want them on their Roth IRAs I have voiced my concern on several occasion to my premium team and have never gotten a satisfactory answer. or any follow-up to my request. November 4, 2014
Rated 5 out of 5 by Why not a Roth? Why not now? There are no fees; set up is quick and easy using Fidelity.com. Transferring funds is a simple matter of a few keystrokes, and Fidelity customer service people are always available and always very efficient if you have a question. There's no reason to put off a Roth IRA any longer. October 29, 2014
Rated 5 out of 5 by Great Service Website has great ease of use. Every time I have called Customer Service they have been extremely helpful. I actually look forward to talking to a representative and always get through quickly. October 29, 2014
Rated 1 out of 5 by Terrible Service I have requested multiple times and for months that Fidelity help (you actually offered) to transfer my Roth IRA from another institution. After several hours on hold, on the phone -- nothing has been done. I have offered another institution to move everything I have with Fidelity (if only that would also include by 403b) to them when they make the transfer occur. October 22, 2014
Rated 4 out of 5 by Ease of use Do it on my time but hard to get help from a representative. Have great mutual funds so it is much better than my previous brokerage account. Wish there was a little more info but customer service is great. October 22, 2014
Rated 5 out of 5 by easy to understand the type of investment, and the terms and conditions are very accessible and clear October 22, 2014
Rated 4 out of 5 by Helpful Service When I first got my Roth IRA, I was completely lost after I signed up. I spoke with an agent who walked me through the process which was a great help and now I feel better that I am investing money! October 21, 2014
Rated 5 out of 5 by Secured and Reliable I am so new to doing something like this.(Opening a ROTH IRA) Savings for my retirement. And I am so glad, I did it with Fidelity. October 19, 2014
Rated 5 out of 5 by Good Income I only wish I could put more money into it every year! The taxes on a Traditional IRA are outrageous, especially in California! October 7, 2014
Rated 5 out of 5 by A Good Product A good product overall. I would like to see with my Roth IRA and my other Fidelity accounts a daily readout of my accrued interests on my fixed income holdings in my account positions online. October 3, 2014
Rated 5 out of 5 by Good stuff This is the first Roth IRA I've had, and it's been a pleasant experience. Fidelity makes it easy to contribute and buy securities. Their customer service is always very helpful. Thank you! September 24, 2014
Rated 5 out of 5 by very good nothing bad to say. very easy to use. customer service is great - reliable and there when you need them September 24, 2014
Rated 5 out of 5 by Easy to use, intuitive. I found it very easy to set up my account and change all of my settings to exactly how I wanted to receive updates. September 3, 2014
Rated 4 out of 5 by Tax Free Growth Its a Roth Account What's in it is my doing. Your Minnetonka and Account Mgr. Are a plus. September 3, 2014
Rated 4 out of 5 by Good the Fidelity website is superb, easy to navigate and make transactions. August 31, 2014
Rated 5 out of 5 by Excellent Website Of all of the financial websites that I've used, Fidelity's is head and shoulders above the rest. I have yet to need particular information that I've been unable to find, and in most cases, could find that information easily. August 29, 2014
Rated 3 out of 5 by Easy to invest Frankly speaking I don't understand what I am doing here. I know that I am investing but I don't know how to manage or understand it. May be I need to learn that now. August 29, 2014
Rated 3 out of 5 by Cumbersome I found is very complicated to find a summary report and concise of certain data . August 27, 2014
Rated 5 out of 5 by Easy and low fees I have a Roth IRA with Fidelity and find it easy to access and make transactions yet low cost. That's what I was looking for and that's what Fidelity provides. August 15, 2014
Rated 5 out of 5 by Roth IRA For those times when your income slows down, or when you're able to transfer another retirement account to a Roth, a Roth IRA is a great way to invest. There are no penalties to withdrawal and any earned money is not taxed. I have both a regular IRA and Roth IRA. I use my Roth for those investments that I believe have the potential for bigger gains and my IRA for the more stable growth mutuals and stocks. August 13, 2014
Rated 2 out of 5 by Roth IRA Disappointment I wanted my daughter, who is a college student to open a Roth IRA with a portion of her Summer earnings, maybe 550-1000$. The rest she needs for school. We were dissappointed ho hear that there is a $2500 min invesment, or $200 per mo. Both of which dont work. Other firms wave these requirements, or have lower entry points, and I would think that Fidelity would want a college educated, young professional as a client, rather than ship her off to develop a relationship with another company . As a Premium client, I would think that a program or exception should exist for such a case. We are dissapointed, and it is now a hassle.. August 7, 2014
Rated 4 out of 5 by Roth IRA Setting up the Roth IRA was very easy but transferring money from my traditional IRA was not. I owned a corporate bond in my traditional IRA and because of that I had to phone in my transfers instead of on line. Once I eliminated the corporate bond, the following transfers went well. July 31, 2014
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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.