Roth IRA

What is a Roth IRA? A Roth IRA is an individual retirement account (IRA) that offers a powerful way to save for retirement. With the potential for tax-free growth and tax-free withdrawals in retirement, a Roth IRA can help you keep more of what you earn.

With Fidelity, you have a broad range of investment options, including options to have us manage your money for you. You'll get exceptional service as well as planning and guidance support.

Step 1: Confirm, is a Roth IRA right for you?

Tax benefits

Any potential earnings grow tax-free and may not be taxed when you withdraw money in retirement.1

Access to your money

You can withdraw your contributions at any time, for any reason, without taxes or penalties.


As long as you have earned income (up to the limit set by the IRS), you can contribute to a Roth IRA.

Why you may want to consider other options

Roth IRAs have income limits: As your income increases, the amount you can contribute gradually decreases to zero. You can use our IRA Contribution Calculator or our Roth vs. traditional IRA comparison page to see what option might be right for you.

Step 2: Decide if you want to manage the investments in your Roth IRA, or have us do it for you

  Fidelity Roth IRA Fidelity Go® Roth IRA
Investment management
  • You are responsible for choosing and managing your investments
  • We choose and manage your investments using your goals and risk tolerance in this digital account
Planning & guidance
  • Access to robust planning tools, and support from a Fidelity representative as needed2
  • Access to digital planning tools and unlimited 1- on-1 coaching calls with a dedicated team of Fidelity advisors once your account balance reaches $25,0002
  • No minimum to open an account3
  • No minimum to open an account4
  • No account3 or advisory fees with this type of retail account
  • Depending on which investments you choose, there may be underlying fees
Advisory fee4
  • $0 for under $25,000 and 0.35%/yr for $25,000 and above
  • Invests in Fidelity mutual funds that do not charge management fees or, with limited exceptions, fund expenses
  • Thought leadership, research, 24/7 customer service
  • Thought leadership, research, 24/7 customer service

Looking for a more hands-on managed approach? You might want to consider Fidelity® Wealth Services for your planning and investment management needs. Minimum investment is $50,000 for access to a team of advisors or $250,000 for a dedicated advisor. Learn more

Don't forget these important steps

Once you get your account set up, what's next?

For a Fidelity Roth IRA: Make your first contribution. Once your money is in your IRA, you should get it invested. This is a very important step—investing is how your money has the potential to grow over time.

For a Fidelity Go® Roth IRA: Make your first contribution. You don't need to choose or manage your investments—we do that for you based on the information you gave us.

Once your Fidelity Go® Roth IRA reaches $25,000 consider setting up a coaching appointment to review your full financial picture. That's why we're here!