Reviewed by
Stang Gappa
Reviewed by
Stang Gappa
Updated on May 30, 2024
Learn about our Editorial Process
Charles Schwab offers an automated IRA through Intelligent Portfolios with no management fee and a wide range of portfolio options.
Ally offers an automated IRA as a with no annual management fee, 24/7 customer support, and a range of other financial products (incl. bank accounts & mortgages).
The Charles Schwab Intelligent Portfolio is a Schwab robo-advisor offering for automated individual retirement accounts (IRA for short). The Schwab Intelligent Portfolio IRA is a great option for an automated solution with no management fee and customizable portfolios of up to 20 asset classes across stocks, fixed income, real estate, and commodities, including an FDIC-insured cash component. This ensures true diversification tailored to your risk profile. Additionally, tax-loss harvesting is available for accounts with a minimum balance of $50,000, helping to optimize tax efficiency. Schwab Intelligent Portfolios Premium offers comprehensive financial planning and unlimited guidance from a CFA for a one-time planning fee and a monthly subscription fee. This service requires a $25,000 minimum investment
Ally Invest offers an automated individual retirement account through their Robo Portfolio IRA that features a low account minimum and no annual account management fee with plenty of customizable portfolio options to tailor your investment strategy around. If you like the idea of having a higher allocation towards interest-earning cash, then the cash-enhanced portfolio type may be what you’re looking for.
Portfolios are composed of up to 20 asset classes across stocks, fixed income, real estate, and commodities, including an FDIC-insured cash component. This ensures true diversification tailored to your risk profile
Tax-loss harvesting is available for accounts with a minimum balance of $50,000, helping to optimize tax efficiency
Schwab Intelligent Portfolios Premium offers comprehensive financial planning and unlimited guidance from a CFA for a one-time planning fee and a monthly subscription fee. This service requires a $25,000 minimum investment
Ally Bank customers can move up to $250,000 per day from their bank account into their Ally Invest account, making investing for current banking customers a seamless process that takes just a couple of minutes. Ally also offers retirement planning tools in the form of educational articles and quizzes.
A Schwab Intelligent Portfolio account offers one of the best automated IRAs in the market today that doesn’t charge a management fee. With customizable asset allocation options and a wide range of portfolio options, a Schwab robo-advisor IRA can be a great option for those looking for a hands-off approach to retirement.
If you’re looking to fund your new Schwab IRA with a 401(k) rollover, Capitalize can help. We’ve made it our mission to make this process easier for everyone. We can handle the entire process for you. Most of the process can be done online and our rollover experts will guide you through any of the manual parts. Get started with your 401(k) to Schwab IRA rollover in just a few minutes.
Current Ally Financial customers, along with beginner and hands-off investors, may appreciate the seamless and customizable features of an Ally Invest Robo Portfolio IRA. The no annual management fee and low account minimum also stand out, along with solid customer support availability and a socially responsible portfolio option.
If you’re looking to fund your new Ally Invest Automated IRA with a 401(k) rollover, Capitalize can help. We’ve made it our mission to make this process easier for everyone. We can handle the entire process for you. Most of the process can be done online and our rollover experts will guide you through any of the manual parts. Get started with your 401(k) to IRA rollover in just a few minutes.
