Invest and potentially grow your money—without being taxed—until you withdraw it in retirement, all while possibly lowering your current income taxes.
If you’re within the IRS income limits, deduct all or part of your contributions from your federal taxes.1
Contributing to your traditional IRA is a great step, but investing gives your money the potential to grow tax-deferred.
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As hands-on or hands-off as you're looking for, we've got you covered when it comes to choosing a traditional IRA.
Manage your own portfolio using our free planning tools.3
Fidelity Go® is one of several managed account services that can help you with both financial planning and investing.
From mutual funds and ETFs to stocks, bonds, and more, Fidelity offers a variety of ways to get invested—so you can build your future on your terms.
Traditional and Roth IRAs have different tax perks and income eligibility rules; open and contribute to the one that suits you.
Answer a few questions and we’ll show you the accounts and amounts that are possible for you.
Qualifying for a traditional IRA is easy, and there may be tax benefits.
Contributing to a traditional IRA could help reduce your tax bill if you fall within IRS income limits.
Contributions can be invested in the account and potentially grow in value without triggering any capital gains taxes.
Make sure you aren't overlooking some strategies and potential tax benefits.
6 min Offered by Fidelity Digital Assets®, a Fidelity Crypto® Roth IRA, traditional IRA, or rollover IRA allows you to directly invest in crypto like bitcoin and ethereum within a tax-advantaged retirement account.
You can pay taxes on your existing retirement account to move your savings to a Roth IRA, letting you enjoy the potential for future tax-free growth.
If you are looking to move your old 401(k) and workplace accounts into one IRA, you can do so without taxes or penalties.
We’ll guide you through some basic questions to help you find accounts that may fit your goals.
We can help you find the answers.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Screenshots are for illustrative purposes only.
Fidelity Crypto® for IRAs is offered by Fidelity Digital Assets® Investing involves risk, including risk of total loss. Crypto as an asset class is highly volatile, can become illiquid at any time, and is for investors with a high risk tolerance. Crypto may also be more susceptible to market manipulation than securities. Crypto is not insured by the Federal Deposit Insurance Corporation, the Securities Investor Protection Corporation, or any other government agency, and is not an obligation of any bank. Investors in crypto do not benefit from the same regulatory protections applicable to registered securities. Fidelity Crypto® accounts and custody and trading of crypto in such accounts are provided by Fidelity Digital Assets, National Association, which is a national trust bank. Brokerage services in support of securities trading are provided by Fidelity Brokerage Services LLC (“FBS”), and related custody services are provided by National Financial Services LLC (“NFS”), each a registered broker-dealer and member NYSE and SIPC. Neither FBS nor NFS offer crypto as a direct investment nor provide trading or custody services for such assets. Fidelity Crypto and Fidelity Digital Assets are registered service marks of FMR LLC.
Target date funds are an asset mix of stocks, bonds and other investments that automatically become more conservative as the fund approaches its target retirement date and beyond. Principal invested is not guaranteed.
1. For a traditional IRA, full deductibility of a 2025 contribution is available to covered individuals whose 2025 Modified Adjusted Gross Income (MAGI) is $126,000 or less (joint filers) and $79,000 or less (single filer); partial deductibility for MAGI up to $146,000 (joint) and $89,000 (single). In addition, full deductibility of a contribution is available for non-covered individuals whose spouse is covered by an employer sponsored plan for joint filers with a MAGI of $236,000 or less in 2025; and partial deductibility for MAGI up to $246,000. If neither you nor your spouse (if any) is a participant in a workplace plan, then your traditional IRA contribution is always tax deductible, regardless of your income. For 2026, full deductibility of a contribution is available to covered individuals whose 2026 Modified Adjusted Gross Income (MAGI) is $129,000 or less (joint filers) and $81,000 or less (single filer); partial deductibility for MAGI up to $149,000 (joint) and $91,000 (single). In addition, full deductibility of a contribution is available for non-covered individuals whose spouse is covered by an employer sponsored plan for joint filers with a MAGI of $242,000 or less in 2026; and partial deductibility for MAGI up to $252,000. If neither you nor your spouse (if any) is a participant in a workplace plan, then your traditional IRA contribution is always tax deductible, regardless of your income.
2. A distribution from a Traditional IRA is penalty-free provided certain conditions or circumstances are applicable: age 59 1/2; qualified first-time homebuyer (up to $10,000); birth or adoption expense (up to $5,000 per child); emergency expense (up to $1,000 per calendar year); qualified higher education expenses; death, terminal illness, or disability; health insurance premiums (if you are unemployed); some unreimbursed medical expenses; domestic abuse (up to $10,000); substantially equal period payments; Qualified Federally Declared Disaster Distributions or tax levy.
3. Fidelity's Planning and Guidance center allows you to create and monitor multiple independent financial goals. While there is no fee to generate a plan, expenses charged by your investments and other fees associated with trading or transacting in your account would still apply. You are responsible for determining whether and how to implement any financial planning considerations presented, including asset allocation suggestions, and for paying applicable fees. Financial planning does not constitute an offer to sell, a solicitation of any offer to buy, or a recommendation of any security by Fidelity Investments or any third-party.
4. No account fees or minimums to open Fidelity retail IRA accounts. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs), and commissions, interest charges, and other expenses for transactions may still apply. See Fidelity.com/commissions for further details.
5. There is no minimum amount required to open a Fidelity Go account. However, in order for us to invest your money according to the investment strategy you've chosen, your account balance must be at least $10. The Fidelity Go program advisory fee is calculated and charged at the account level.
6. One of the following criteria must be met in order to take penalty-free withdrawals from either a Roth or traditional IRA: age 59½, qualified higher education expenses, qualified first home purchase (up to $10,000), birth or adoption (up to $5,000), certain major medical expenses, certain long-term unemployment expenses, death, or disability. If any of these common exception situations apply to you, you may need to file IRS form 5329 to claim the exemption. For a full list of exceptions, see IRS PUB 590b at www.irs.gov. Always consult your tax advisor about your specific situation.
7. For a distribution to be considered qualified, the 5-year aging requirement has to be satisfied, and you must be age 59½ or older or meet one of several exemptions (disability, qualified first-time home purchase, or death among them).
Fidelity Go® provides discretionary investment management, and in certain circumstances, nondiscretionary financial planning, for a fee. Advisory services offered by Strategic Advisers LLC (Strategic Advisers), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. Strategic Advisers, FBS and NFS are Fidelity Investments companies.
Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
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