a tall white building next to a tall yellow and white buildingThe Best Roth IRA Providers of 2023

 

A Roth IRA is a powerful retirement savings vehicle that offers tax-free growth. Choosing the right Roth IRA provider is key to maximizing your account’s growth potential. Here are some of the best Roth IRA providers to consider for 2023:

Fidelity

Fidelity is a leader in IRAs with stellar customer service, easy account setup, and no minimums to open a Roth IRA. Fidelity offers a wide range of commission-free ETFs and no-transaction-fee mutual funds. Useful retirement planning tools are also available.

Charles Schwab

Charles Schwab is another top choice for Roth IRAs. They offer commission-free online trading, extensive research tools, and well-regarded customer service. An array of mutual funds can be traded fee-free. Minimum investment amounts are low.

Vanguard

Known for its index mutual funds, Vanguard powers many investors’ Roth IRAs. They offer among the lowest expense ratios in the industry. Vanguard provides robust resources for retirement planning. Minimums to open a Roth IRA are affordable.

Betterment

Betterment provides automated Roth IRA management through customized portfolios of ETFs aligned to your strategy. Tax-loss harvesting and retirement planning guidance optimize returns. No trading or management fees apply.

Wealthfront

Wealthfront leverages algorithms to manage your Roth IRA investments across a diversified basket of low-cost ETFs. Sophisticated tax optimization steps are taken automatically. Account minimums are waived.

Merrill Edge

Merrill Edge stands out for its $0 IRA annual fees, extensive research offerings, free trades, and user-friendly experience. Various no-transaction-fee mutual funds and ETFs are available. Customizable automated investing options exist.

Ally Invest

Ally Invest makes it easy and affordable to open a Roth IRA with no minimum deposit and low expense ratios on funds. Robust resources help you manage your account alongside a professional advisor if desired.