An individual retirement account (IRA) can be the first step to a fully-funded, worry-free retirement. However, an IRA is only as good as the place you keep it. Your choice of broker to hold your IRA account can affect the investments that are available to you, the amount you pay in fees and the return on your investments.
Check out our top five recommended brokers, which all offer IRA accounts. We tested all of them and took into consideration a range of aspects when compiling the ranking:
The primary factors we reviewed when assessing these brokers were the various types of fees they charge and their long-term product offering, which is essential for retirement savings. Safety is also of key importance, but since we recommend only safe brokers, you don't have to worry about this.
Firstrade | E*TRADE | Charles Schwab | Fidelity | TD Ameritrade | |
US stock | $0.0 | $0.0 | $0.0 | $0.0 | $0.0 |
Mutual fund | $0.0 | $20.0 | $24.8 | $37.5 | $50.0 |
US Treasury bond | $40.0 | $0.0 | $0.0 | $0.0 | $0.0 |
Firstrade | E*TRADE | Charles Schwab | Fidelity | TD Ameritrade | |
Stock markets (#) | 5 | 5 | 4 | 22 | 5 |
Fund providers (#) | 420 | 520 | 600 | 560 | 740 |
We recommend only quality brokers that are overseen by top-tier regulators so you can be sure that none of the listed online brokers are scams.
Comments