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10 best IRA accounts for 2024

From best for rollovers to best for beginners, Finder's analysis identified the best-in-class IRA accounts to open for trading and investing.

An individual retirement account (IRA) is a staple investment account in the US, giving retirement savers valuable tax advantages to save for life after work.

When opening an IRA, you want to pay attention to the IRA custodian — the bank, broker or other IRS-approved entity that offers this retirement account. It’s the custodian that dictates the types of fees you’ll pay, the investments you can choose from and the features you can leverage to trade and invest. The contribution limits, tax benefits and withdrawal rules remain the same no matter where you open an IRA.

Below is a curated list of the ten best online IRA accounts of 2024 and where they shine brightest, according to Finder’s analysis.

Our top picks for IRA accounts

Best for financial guidance

  • Contribution match: 2%
  • Access to: Financial planner & robo-advisor for clients
  • Annual fee: $0

Best for options trading

  • 5 IRA types: Roth, traditional, beneficiary, beneficiary roth, SEP
  • Access to: ETFs, options, stocks & futures
  • Annual fee: $0

Best for mutual fund investing

  • 4 IRA types: Traditional, Roth, SEP, Rollover
  • Access to: Over 265 low-cost mutual funds
  • Annual fee: $25

10 best IRA accounts of 2024

Best overall

Finder Award Fidelity IRA


Finder score

Fidelity's a full-service broker that's kept up with the times. It offers not only an extensive lineup of investment options and the top-tier research tools and trading platforms that you'd expect to find with a leading broker but also the modern features that have made investing so much more accessible in recent years — things like fractional shares, $0 trading commissions and some of the lowest back-end account fees in the industry. Meanwhile, Fidelity offers industry-leading planning and advice resources, including both human and robo-advisor portfolio management services.

Fidelity caters to investors of all backgrounds, with over 42 million individual investors and over $11 trillion in assets under management. Fidelity is a powerhouse in the brokerage space, and its focus on providing a well-rounded trading and investing experience makes it the best overall broker to open an IRA according to Finder's analysis.

Other winning category: Best IRA account without fees

Best for financial guidance



Finder score

SoFi Invest is one of the only brokers in the industry that offers unlimited, complimentary access to certified financial planners, a service that can cost you several hundred dollars a session. As a SoFi customer, these consultations come at no additional cost.

Connect with a SoFi financial planner and discuss anything from investment strategies to paying off debt to tax planning. Meanwhile, its robo-advisor is available with no management fees — another industry rarity. Trade stocks, ETFs, options and crypto with a broker that makes investing approachable and professional financial guidance accessible.

Best for options trading

tastytrade IRA


Finder score

Designed primarily for derivatives trading, tastytrade boasts an impressive collection of trading products in its IRAs and some of the best pricing on options and futures contracts in the industry. Stocks and ETFs are commission-free, options have no closing commissions and its trading platforms are powerful, with advanced trading, research and analysis tools, including profit and loss visualizations and a quick roll feature to roll your option position into the future.

Meanwhile, tastytrade offers a comprehensive learning center with video and live demos to help you level up your trading.

Best for mutual fund investing

Vanguard IRA


Finder score

One of the most trusted names in the industry, Vanguard's history dates back to when it launched its first mutual fund back in 1929. Today, Vanguard stands out for its vast low-cost fund collection that keep long-term investors sticking around.

With its unique investor-owned model, Vanguard fund owners get more than a collection of index funds, actively managed funds, target retirement funds and environmental, social and corporate governance-focused funds. Owning these funds means you own Vanguard.

Best for mobile trading

Finder Award Interactive Brokers IRA


Finder score

In addition to receiving high marks from both Apple and Android users, Interactive Brokers' (IBKR) main mobile trading platform, IBKR Mobile, offers the powerful trading tools that many brokers reserve for their web and desktop trading platforms. These include advanced, interactive charts with over 90 indicators, analyst ratings and price targets, earnings estimates, company financials and more. In other words, there's little you can't do with IBKR Mobile. What's more, Interactive Brokers offers the more beginner-friendly IBKR GlobalTrader and IMPACT mobile trading platforms for those looking for a more simplified investing experience.

IBKR Mobile is the most feature-rich mobile platform according to Finder's analysis, while IBKR GlobalTrader is a solid option for beginners. Tack on its wide range of investment options, low trading costs and access to global markets and you can see why IBKR is not only the best IRA for mobile trading but also one of the best brokerage accounts on the market.

Other winning category: Best for international trading

Best for rollovers

Robinhood Retirement


Finder score

It wasn't just its offering of commission-free trades that led Robinhood to transform the way people buy and sell stocks over the past decade but also its beginner-friendly mobile app with its intuitive design and agile interface, which simplified investing for the masses. Nothing's changed on that front. Expanded investment options, 24/5 trading and IRAs that pay matching contributions are just some of the upgrades Robinhood's made since first launching.

Robinhood's launch of its IRA matching contributions is yet another innovative product that keeps it steps ahead of other brokers. Earn up to a 3% match on annual contributions with Robinhood Gold — or 1% without — while all IRA transfers and 401(k) rollovers earn 1%, with no cap. All this on top of fractional share trading, 100% commission-free trades, instant deposits and a user-friendly platform that makes investing a breeze. Robinhood has lots to offer investors looking to build a retirement portfolio, and it'll reward you for making the move.

Other winning category: Best IRA account for beginners

Best for hands-off investors

M1 Finance IRA

Automated, with a level of customization we just don't see with many robo-advisors, M1 Finance is the ideal companion for retirement-minded passive investors who want to leverage automation but not relinquish total control over their portfolios. Built with powerful, automated tools and driven by commission-free trading, no management fee approach, M1 combines the flexibility of stock picking with the convenience of automated investing. Build your own portfolio of stocks, exchange-traded funds (ETFs) and crypto, or choose from M1's collection of at least 40 themed portfolios.

Either way, M1 handles the day-to-day maintenance of your account. Upgrade to M1 Plus for even greater control, like multiple trading windows, access to custodial accounts and on-demand crypto trading.

Best for crypto trading

Tradestation Crypto IRA


Finder score

'You can't trade crypto in our IRAs.' That's a limitation we see all too often with most brokers we review. TradeStation fills that void, offering not only stocks, ETFs, options and futures trading in its IRAs but also crypto.

Choose between its traditional, Roth, SEP and SIMPLE IRAs, and invest in bitcoin (BTC), ether (ETH) or USD Stablecoin (USDC). And customer support's standing by 24/7, should you need them.

Best custodial IRA account



Finder score

Minors and young adults needn't look further than E-Trade to get started investing for the later years in life. Pioneer of online trading, E-Trade offers one of the most diverse lineups of IRA account types among brokers we review. Six IRA types in total, including custodial IRAs

While an adult is required to manage the account, E-Trade's IRA for minors offers traditional and Roth IRAs for children under 18 years old with earned income. No annual IRA fees, no account minimums, just access to a wide range of investment choices, including commission-free stocks, options and ETFs. Tack on its robo-advisor, Core Portfolios, for a straightforward, automated portfolio option.

Best for research tools

Charles Schwab


Finder score

Sometimes a big broker like Charles Schwab is exactly what you need. Newcomer investing apps may have the edge in terms of offering a more enhanced user experience, but traditional brokers like Schwab sweep the floor with these apps when it comes to the breadth of investment options, access to expert guidance and, for self-guided investors, extensiveness of research tools.

There's Schwab Equity Ratings, MSCI ESG ratings, Morningstar ratings, Thomson Reuters ratings, CFRA ratings, Argus ratings and MarketEdge ratings. There's premium analyst reports, screeners, market news and stock lists. There's dividend history and growth statistics, expected and historical earnings information, a peer and ratios comparison, detailed company financials and time-saving technical analysis summaries. In other worse, an IRA with one of the nation's largest investment services firms may just be what you need if research plays a big role in your investment strategy.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Methodology: How we choose the best IRA accounts

Finder’s investments experts review 18 brokers available on the market to narrow down the best IRAs for trading and investing.

We analyze each platform based on 147 key metrics we collect directly from brokers and assess each provider’s performance based on eight different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then score and rank each provider depending on how it performs in each category. If a broker offers a unique, standout feature that’s a key distinguisher between others, the broker is given additional recognition.

How do I open an IRA?

Opening an IRA isn’t much different than opening a brokerage account or bank account. With most providers, you can open an IRA online in minutes.

Choose a broker or robo-advisor, and complete a brief application by providing personal information such as your name, address, date of birth and Social Security number. Completed applications are typically approved instantly, though the broker may take a couple days to verify your information. Then, connect a bank account to fund your account or rollover an old 401(k).

Traditional IRAs vs. Roth IRAs: What’s the difference?

Before you open an IRA, you may want to consider the differences between traditional and Roth IRAs.

The main difference is how they’re taxed: Contributions to traditional IRAs are tax-deductible, but distributions in retirement are taxed. Roth IRAs, on the other hand, allow tax-free distributions in retirement, but you need to pay taxes when you make your contributions.

If you’re saving and building up gains in the account for a long time and think you’ll be in a higher tax bracket when you leave the workforce, a Roth may be a better option. But if a tax deduction in the year in which you made the contribution is more important, then a traditional IRA may be more suitable. Alternatively, open a traditional IRA and a Roth IRA, if you’re eligibile, for a choice of taxable or tax-free contributions and income when you retire. You can’t contribute more than the total contribution limit for that tax year to all your IRAs, and Roth IRAs have specific income limits you need to meet to qualify to open an account.

A photo of Bob Haegele

What Bob suggests for long-term investors:

In theory, it makes sense to contribute more to a Roth IRA now if you think income tax rates will go up in the future, as you pay taxes now and not later. In reality, we can't reliably predict what will happen with income tax rates in the future. But a Roth may still be better because you don't pay taxes on investment earnings. We can't say the same for traditional IRAs.

Bob Haegele, Personal finance writer and expert

Why invest in an IRA?

Investing through an IRA up to the $7,000 ($8,000 if you’re age 50 or older) limit in 2024 can help grow your retirement savings at a potentially quicker pace than if you were to invest that same $7,000 in a taxable brokerage account. That’s because IRA contributions and earnings grow tax-free or tax-deferred and you can enjoy tax-deductions or tax-free withdrawals in retirement, depending on which IRA type you go with — traditional IRA or Roth IRA. Plus, trade most assets in an IRA just as you would in an individual brokerage account.

But not all Americans who buy stocks do it through one of these accounts, Finder’s Consumer Confidence Index shows. Of Americans that invest in stocks, 45% trade and invest through a taxable brokerage account. Only 25% invest through an IRA and take advantage of these valuable tax benefits, while 21% have no IRA at all.

Bottom line

Opening an IRA can be one of the best decisions you’ll make in your financial life. But not all IRAs are created equal. So shop around and compare IRA providers to find one that meets your needs.

Not sure a traditional IRA is right for you? Check out our guide to the best Roth IRA accounts in 2024.

Compare and find the broker that's right for you

Match your experience level with your trading and investing goals to find the right broker for you.
If you're a And want to Consider this
Beginner investor Do most or all of your trading on your mobile device Best stock trading apps
Beginner investor Trade and invest with as few fees as possible Best discount stock brokers
Beginner investor Outsource portfolio management automatically and at a low cost Best robo-advisors
Beginner investor Gain exposure to multiple assets like stocks, bonds or gold through a single fund Best ETF brokers
Experienced investor Get an overall idea of providers on the market and what they're best for Best brokerage accounts
Experienced investor Invest internationally in stocks, ETFs and other assets Best international stock brokers
Retirement saver of any experience level Save for retirement with upfront tax benefits Best (traditional) IRA
Retirement saver of any experience level Save for retirement and enjoy tax-free withdrawals Best Roth IRA

Frequently asked questions

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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