Fees: 0.25% annual advisory fee for robo-advisory, $0 trade fee.If you’re excited by the idea of getting more benefits as you save and invest, the Merrill Edge Roth IRA could be right for you. As your balance increases and passes certain thresholds, those benefits increase. Preferred Rewards benefits start at $20,000 in combined balances and include discounts and perks with banking, credit card, lending, and investment products. The best benefits come to those who have high combined balances at Bank of America and Merrill Edge. With a funded account, you can invest in stocks, bonds, options, ETFs, and “well-known mutual funds.” Most trades are commission-free when you enter them yourself online. Robo-advising and full-service advising are available for a fee. This account has no minimum balance requirements or recurring monthly fees. We like the Roth IRA from Merrill Edge because of its low costs and the variety of investments available for self-directed accounts. Merrill Edge is the consumer investment side of Bank of America and a legacy of the original Merrill Lynch brokerage firm. Key features: Benefits for loyal Bank of America and Merrill Lynch customers with high combined balances.But even if you only want a simple Roth IRA account offering, the Schwab Roth IRA is a good option to consider.
You also might like that Schwab offers free checking and savings accounts, with no fee for ATMs anywhere in the world. The fee-free robo-advisor product may be a major draw if you're less knowledgeable about picking investments. and international stocks, more than 2,000 ETFs, thousands of mutual funds, bonds and other fixed income securities, and others. Schwab accounts give you access to most major U.S. Users can trade many securities, including stocks and ETFs, without commissions. The brokerage’s Roth IRA account has no minimum deposit and no recurring fees. Schwab Intelligent Portfolios supports taxable and retirement accounts, including the Schwab Roth IRA. Schwab’s automated investment program, Schwab Intelligent Portfolios, is a standout offering with no commission or advisory fees. Good for handling all finances with one company.Ĭharles Schwab made the list of best Roth IRA accounts due to low costs, a large list of supported investments, and the ability to handle all your banking and investment needs with one provider. Access to such a wide range of investments, mostly fee-free, makes the Fidelity Roth IRA an excellent choice.
With a funded account, you can buy from a huge list of more than 7,000 domestic and international stocks and ETFs, more than 10,000 mutual funds, options, fixed income investments, and precious metals. Different minimums and costs apply to those accounts.
While many users will feel comfortable using the main, self-directed Fidelity Roth IRA for free, you can also choose a robo-advisor version for a low cost or a full-service investment advising service for a higher fee. With a Fidelity Roth IRA, you can trade nearly any major stock, exchange-traded fund (ETF), or mutual fund available, including Fidelity’s family of low-cost funds.įidelity offers a suite of accounts and products that would allow you to handle all your finances with one login, including your banking and investments. That’s the result of a combination of very low costs and a wide variety of investment options. No-fee mutual funds available.įidelity Investments is our top choice for the best Roth IRA account provider. Key features: Low-cost robo-advising available.Fees: No recurring fees or account minimums, commission-free trading.
Get $100 when you open a new, eligible Fidelity account with $50 or more.