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Best IRA Accounts for March 2024

Finder's analysis identified the best-in-class IRA accounts to start saving for your retirement today.

Best for financial guidance

4.3
★★★★★

Finder score

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

Best for options trading

4.1
★★★★★

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

Best for mobile trading

4.3
★★★★★

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  • 6 IRA types: Roth, traditional, inherited, SIMPLE, SEP, rollover
  • Access to: Stocks, bonds, ETFs, mutual funds, options, futures & currencies
  • Annual fee: $0

5 Best IRA accounts

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

Best for financial guidance

SoFi IRA

4.3
★★★★★

Finder score

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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.

JP Morgan Personal Advisors

3.3
★★★★★

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Terms apply.
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A personalized, expert-built portfolio is what you'll get with a Roth IRA through JP Morgan Personal Advisors. For investors with a minimum of $25,000 to invest and who want to hand the reins over to a team of fiduciary advisors, get a custom-built portfolio with ongoing advice and access to J.P Morgan's industry insights and exclusive research. Get a free one-on-one investment consultation to see what J.P. Morgan Personal Advisors has to offer.

INVESTMENT PRODUCTS ARE: NOT A DEPOSIT • NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE. Finder receives compensation when you click or tap through to, open an account with or provide your contact information to J.P. Morgan Wealth Management.

Best for options trading

tastytrade

4.6
★★★★★

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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

3.8
★★★★★

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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

Interactive Brokers IRA

4.3
★★★★★

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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

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.

See how we weigh the overall rating

Investment optionsTrading platformsTrading costsAccount feesAccount typesCustomer supportMobile app reviewsFeatures
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.

Compare brokerages that offer IRA accounts

1 - 6 of 6
Name Product Minimum deposit Annual fee Retirement account types
SoFi IRA
Finder Rating: 4.3 / 5: ★★★★★
SoFi IRA
$0
$0 per month
Roth, Traditional, SEP, Rollover
2% match on all your SoFi IRA contributions. Offer lasts through Tax Day, 4/15/24. Only offers made via ACH are eligible for the match. ACATs, wires, and rollovers are not included.
tastytrade IRA
Finder Rating: 4.1 / 5: ★★★★★
tastytrade IRA
$0
$0 per year
Roth, Traditional, SEP, Rollover, Beneficiary Traditional, Beneficiary Roth
Invest in stocks, ETFs, options, futures and more in your IRA, with commission-free stock and ETF trades and a powerful trading platform.
Interactive Brokers IRA
Finder Rating: 4.3 / 5: ★★★★★
Interactive Brokers IRA
$0
N/A
Roth, Traditional, SEP, Rollover
Choose from 6 IRA account options, with access to stocks, ETFs , futures, currencies and more.
Acorns Later
Finder Rating: 3.4 / 5: ★★★★★
Acorns Later
$0
$3 per month
Roth, Traditional, SEP
Automatic ETF investing with as little as $5. Annual fee of $3, $5 or $9 per month depending on subscription.
JP Morgan Personal Advisors
Finder Rating: 3.3 / 5: ★★★★★
JP Morgan Personal Advisors
$25,000
0.6% on balances of $25,000 to $249,999

0.5% on balances of $250,000 to $1,000,000

0.4% on balances of $1,000,000+
Roth, Traditional
Ongoing access to an advisory team with personalized, expert-built portfolios. Provider terms & conditions apply
Vanguard IRA
Finder Rating: 3.8 / 5: ★★★★★
Vanguard IRA
$0
0.3%
Roth, Traditional, Spousal
Save for retirement with Vanguard's commission-free stocks, ETFs and 160+ no-transaction-fee mutual funds.
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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 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.

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