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. Even if you already have a 401(k) through your employer, you can open an IRA that may offer stronger benefits.
Below is a curated list of six of the best online IRA accounts of 2024 and where they shine brightest, according to Finder’s analysis.
8.2 Great
SoFi Invest® provides access to credentialed financial planners, a valuable service that often costs hundreds of dollars per session. SoFi Plus members enjoy as many appointments with financial planners as they like during their eligibility period, while non-SoFi Plus members are limited to one appointment.
Connect with a SoFi financial planner and discuss anything from investment strategies to paying off debt to tax planning. Trade stocks, ETFs and options with a broker that makes investing approachable and professional financial guidance accessible.
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover |
| Annual fee | $0 per month |
| IRA match | 1% |
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover |
| Annual fee | $0 per month |
| IRA match | 1% |
8.4 Great
Get a 1% match when you subscribe to Acorns Silver or a 3% match with Acorns Gold.
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP |
| Annual fee | $3 per month |
| IRA match | 1% or 3% depending on your subscription |
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP |
| Annual fee | $3 per month |
| IRA match | 1% or 3% depending on your subscription |
8.8 Great
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. IRA transfers and 401(k) rollovers completed by April 30 earn 2% with Robinhood Gold and 1% without, 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.
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, Rollover |
| Annual fee | $0 per month |
| IRA match | Up to 3% |
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, Rollover |
| Annual fee | $0 per month |
| IRA match | Up to 3% |
9 Excellent
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 categories: Best for international trading
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover |
| Annual fee | $0 per year |
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover |
| Annual fee | $0 per year |
8.6 Great
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.
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover, Beneficiary Traditional, Beneficiary Roth |
| Annual fee | $0 per year |
| IRA match | N/A |
| Minimum deposit | $0 |
|---|---|
| Retirement account types | Roth, Traditional, SEP, Rollover, Beneficiary Traditional, Beneficiary Roth |
| Annual fee | $0 per year |
| IRA match | N/A |
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Finder is not an advisor 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.
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.
See how we weigh the overall rating
| Investment options | Trading platforms | Trading costs | Account fees | Account types | Customer support | Mobile app reviews | Features |
|---|---|---|---|---|---|---|---|
| 21% | 12% | 9% | 13% | 5% | 7% | 8% | 25% |
We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.
The Finder Score crunches 147 key metrics we collected directly from 18+ brokers and assessed each provider’s performance based on nine different categories, weighing each metric based on the expertise and insights of Finder’s investment experts. We then scored and ranked each provider to determine the best brokerage accounts.
We update our best picks as products change, disappear or emerge in the market. We also regularly review and revise our selections to ensure our best provider lists reflect the most competitive available.
Read the full Finder Score breakdown
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 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).
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.
Get up to a 3% IRA match with Robinhood and Acorns or up to a 1% IRA match with SoFi. See how to qualify here.
Explore the pros and cons of the best SEP IRAs and learn how to open one of these accounts.
Explore the advantages and shortcomings of the best rollover IRAs for beginners, mobile trading, advanced traders and more.
Review the best retirement plans in 2025, from employer-offered to individually opened to retirement plans for small business owners.
Compare the key differences in contribution limits, tax advantages and investment options between 403(b)s and Roth IRAs.
Learn about the different types of IRAs and which is right for you.
Check out our picks of the best Roth IRA accounts for beginners, options traders, hands-off investors and more.
Check out our picks of the best IRA accounts for beginners, options traders, hands-off investors and more.
A retirement plan for self-employed individuals but may come with high administrative fees.
Pros and cons to consider before you sign up for a Goldco precious metals IRA.
