Partnership Disclosure We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we receive no compensation in these situations—because it’s just the right thing to do!
Best Roth IRA Providers
Roth individual retirement accounts (IRAs) are a popular, tax-effective way to save for retirement. We’ve compiled a list of top providers offering Roth IRAs.
Compare Roth IRAs From Top Providers
Best for: hands-off investors
BettermentBest for: hands-off investors
WealthfrontBest for: hands-on investors
SoFi Active
Ease of Use5/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-on investors
SchwabBest for: hands-off investors
Best for: hands-on investors
Alto
Ease of Use4.5/5
Commissions $10/month for Starter and $25/month for Pro, and $10-50 fee per private investment.
Account Minimum $0
Best for: hands-off investors
Fidelity GoBest for: hands-on investors
Best for: hands-off investors
Personal CapitalBest for: hands-on investors
Ally Invest
Ease of Use4/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-off investors
Best for: hands-on investors
TD Ameritrade
Ease of Use3.5/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-on investors
E-Trade
Ease of Use3.5/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-off investors
Best for: hands-off investors
Best for: hands-on investors
Tradestation
Ease of Use3/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-on investors
Vanguard
Ease of Use2.5/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-off investors
Best for: hands-on investors
Merrill Edge
Ease of Use2.5/5
Commissions $0 to trade stocks and ETFs online
Account Minimum $0
Best for: hands-off investors
Have an old 401k from a previous job?
Fund your new IRA with a 401k rollover! We’ll help you track it down and compare IRA providers to find the best match for you.
it's free!
“I highly recommend using Capitalize. I used them to rollover my 401k and not only did they make the process easy, but I literally didn’t need to do anything.”
— Sarah P.
Our picks for Automated IRAs
These rollover accounts automatically create a diversified portfolio of investments for you, which means you can “set-it-and-forget-it”. Most charge an annual fee that’s a percentage of your assets. We’ve highlighted a few popular choices.
Fees: 0.25%
Best if you want: An automated low-fee portfolio from the biggest independent provider of digital accounts. Betterment was a pioneer in providing "set-it-and-forget-it" portfolios for a low-fee.
Limitations: Not much ability to influence the portfolio they create for you.
Access to Human Advisor: Yes - you can buy a consultation ($199) or pay a higher annual fee (0.40%) for unlimited access on an ongoing basis.
Fees: 0%
Best if you want: A zero-fee portfolio from a Milennial-focused brand with a range of other financial products like student loan refinancing and debit cards.
Limitations: Not much ability to influence the portfolio they create for you.
Access to Human Advisor: Yes - SoFi has certified financial professionals on staff that you'll get access to.
Fees: $0 to trade stocks and ETFs online
Best if you want: An easy-to-use trading account at a rapidly growing, digital-first institution.
Limitations: Ally has some great tools for traders (charts, watchlists, screeners) but a little less third-party research.
Access to Human Advisor: Good: market data and some third-party research on stocks (e.g. Morningstar, CFRA).
Our picks for Self-Directed IRAs
Self-directed rollover accounts are for people who want to choose their own investments. They’re usually offered by brand-name brokers. Instead of charging an advisory fee, they usually charge trading commissions for each trade you place. Here are some of the largest providers of self-directed IRAs.
Commissions: $0 to trade stocks and ETFs online
Invest in: Stocks & ETFs, Mutual Funds, Options, Futures, Bonds
Limitations: You might earn a slightly lower return on extra cash in your account - Schwab's default interest rate is lower than peers.
Access to Research: Good: market data and some third-party research on stocks, mutual funds & markets (e.g. Morningstar, Credit Suisse, Argus).
Commissions: $0 to trade stocks and ETFs online
Invest in: Stocks & ETFs, Mutual Funds, Options, Bonds
Limitations: Fidelity's fees on money market mutual funds (where you can put extra cash in your account) are a little higher than some peers.
Access to Research: Good: market data and reports from smaller third-party research providers.
Commissions: $0 to trade stocks and ETFs online
Invest in: Stocks & ETFs, Mutual Funds, Options
Limitations: Vanguard's trading platform is very limited for those who want to trade things other than Vanguard ETFs.
Access to Research: Limited: some market data but not much third-party research.
Fund your new IRA with a 401k rollover!
Don’t lose track of your money. We’ll help you track down your old 401k, and handle the paperwork, for free.
Need more info about saving for retirement?
How to roll over your 401k: a step-by-step guide
The process of transferring (or “rolling over”) your retirement accounts can often feel daunting. Read our guide on how to rollover your 401k in five steps.
The easiest way to roll over an old 401k
The process of transferring (or “rolling over”) your retirement accounts can often feel daunting. Read our guide on how to rollover your 401k in five steps.
401ks vs. IRAs: 5 key differences explained
Both 401ks and IRAs are retirement accounts with special tax advantages, but they tend to be used for different purposes. It’s not an “either or” decision – people frequently have both at the same time.