Most financial service providers can assist you in opening a Roth IRA account. Contrary to popular belief, a Roth IRA is nothing more than a way to tax holdings–not an investment product in and of itself. Online discount brokers tend to charge the lowest fees on trades and ongoing account maintenance.
Why Go Discount?
If you are confident in your ability to choose which assets to invest your earnings in, it is wise to go with a discount brokerage. As stated above, these brokers charge the lowest fees and allow the most flexibility in terms of investment choices. Learn more about a few of the more well known Roth IRA account providers below.
Fidelity is America’s #1 IRA provider and they are one of the most trusted brand names in all of personal finance. They offer virtually everything in a one-stop shop. With most accounts, you will have free one-on-one access to Fidelity investment professionals in person, over the phone, and online as well as access to their mobile app.
- $4.95 for U.S. equity trades
- No account opening and annual maintenance fees
- Robust free tools and apps.
- Access to all types of investment products.