Planning for Your Future Retirement Planning Investments
Planning for Your Future Retirement Planning Fidelity Investments
Invest with as little as $1
When it comes to investing, small amounts could make a big difference.
Create your retirement plan, for free1
can help you create a plan and stay on track for your future.
No fees or minimums when you open an account2
You don't need a lot to get started.
Get the flexibility to withdraw your contributions anytime, plus tax-free withdrawals3
Potential earnings grow tax free
Manage your own investing with our free retirement planning tools1
No account fees or minimums to open a retail IRA
Traditional IRA
Reduce your taxable income by deducting your contributions, if eligible
Potential earnings grow tax deferred
Manage your own investing with our free retirement planning tools1
No account fees or minimums to open a retail IRA
Fidelity Go IRA
We’ll manage your retirement investing so you don't have to
Choose from a Roth or traditional IRA
Access professional money management with a strategy personalized for your goals
Pricing starting at $0 up to a $25,000 account balance
The hypothetical chart above illustrates the potential growth of an investment account assuming a 7% annual nominal investment growth rate vs a .07% National savings account deposit rate as of May 16, 2022*. This chart assumes estimated/average return rates stay constant over the course of the time horizon and that no withdrawals were taken. Taxes, fees, and inflation are not included. Unlike traditional FDIC savings accounts, investments accounts are subject to market risk and do not carry FDIC insurance to protect from loss. Each type of account has its own unique set of potential benefits and limitations that you should consider before deciding what type is right for you. Interact with the slider to increase or decrease the monthly contribution to discover how the money could grow in an investment account vs an FDIC savings account. The monthly contribution is how much you want to invest every month. In this chart it is set at $250, but you can move the slider from $0 to $1,000 to see how your contributions could grow over time. For example, a $250 monthly contribution in an investment account could grow to $304,993 in 30 years compared to $90,949 in a traditional savings account, using end of month compounding. This example is for illustrative purposes only and does not represent the performance of any security. The assumed rate of return is not guaranteed. Investments that have potential for a 7% rate of return also come with risk of loss. Past performance does not guarantee future results. * FDIC: National Rates and Rate Caps
A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and withdraw those contributions tax-free and penalty-free at any time and for any reason. You can withdraw earnings tax-free and penalty-free once the 5-year aging requirement is satisfied and are age 59½ or older, or meet one of several exemptions (disability, qualified first-time home purchase, or death among others). With a Roth IRA, you contribute money that's already been taxed (that is, "after-tax" dollars). Any earnings in a Roth IRA have the potential to grow tax-free as long as they stay in the account. A distribution from a Roth IRA is tax-free and penalty-free, provided the 5-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death. Roth IRAs are not subject to required minimum distributions (RMD) during the lifetime of the original owner, so you can leave your assets in the Roth IRA where they have the potential to continue to grow. With a traditional IRA, contributions can be made on an after-tax basis, or a pre-tax (tax-deductible) basis if certain requirements are met. Any earnings in the traditional IRA are tax-deferred as long as they remain in the account. Withdrawals of pre-tax monies are subject to ordinary income tax when withdrawn and potential penalties if the distribution is taken before you reach age 59 1/2. RMDs are required from traditional IRAs no later than April 1st of the year following the year in which you turn age 72. If you wait until April 1st, you will then be required to take your second distribution by the end of that year. Answer a few questions in the to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes. There are no account fees or minimums to open a retail IRA. You can get started with investing with as little as $1. You can withdraw your after-tax contributions to a Roth IRA tax-free and penalty-free at any time and for any reason. Otherwise, withdrawing earned income from a Roth IRA before the 5-year aging requirement is satisfied and you are 59 1/2 or older is subject to a 10% penalty in addition to income taxes unless an exception applies. Withdrawals from a Traditional IRA prior to age 59 1/2 are subject to a 10% penalty including ordinary income tax unless an exception applies.4 Answer a few questions in the to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes.
Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money. 1. Fidelity's Planning and Guidance center allows you to create and monitor multiple independent financial goals. While there is no fee to generate a plan, expenses charged by your investments and other fees associated with trading or transacting in your account would still apply. You are responsible for determining whether, and how, to implement any financial planning considerations presented, including asset allocation suggestions, and for paying applicable fees. Financial planning does not constitute an offer to sell, a solicitation of any offer to buy, or a recommendation of any security by Fidelity Investments or any third-party. 2. No account fees or minimums to open Fidelity retail IRA accounts. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs), and commissions, interest charges, and other expenses for transactions, may still apply. See for further details. 3. A distribution from a Roth IRA is tax-free and penalty-free, provided the 5-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death. 4. A distribution from a Traditional IRA is penalty-free provided certain conditions or circumstances are applicable: age 59 1/2; qualified first-time homebuyer, up to $10,000; birth or adoption expense (up to $5,000); qualified higher education expense; death or disability; health insurance premiums (if you are unemployed); some unreimbursed medical expenses; substantially equal periodic payments; or tax levy. Fidelity Go provides discretionary investment management, and in certain circumstances, non-discretionary financial planning, for a fee. Advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FBS and NFS are Fidelity Investments companies. Fidelity was named NerdWallet's 2022 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 16 brokers per category. 2017-2022 and TM, NerdWallet, Inc. All Rights Reserved. Fidelity, Fidelity Investments, the Fidelity Investments and pyramid design logo, and Fidelity Go are registered trademarks of FMR LLC. Fidelity Brokerage Services LLC, Member NYSE, , 900 Salem Street, Smithfield, RI 02917 1049516.3.0 Copyright 1998-2022 FMR LLC. All Rights Reserved. Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0
Planning for your future
Fidelity makes it easy to start building momentum now for what's ahead.Open a retail IRA in just a few steps
Invest with as little as $1
When it comes to investing, small amounts could make a big difference.
Create your retirement plan, for free1
can help you create a plan and stay on track for your future.
No fees or minimums when you open an account2
You don't need a lot to get started.
Roth IRA
Get the flexibility to withdraw your contributions anytime, plus tax-free withdrawals3
Potential earnings grow tax free
Manage your own investing with our free retirement planning tools1
No account fees or minimums to open a retail IRA
Traditional IRA
Reduce your taxable income by deducting your contributions, if eligible
Potential earnings grow tax deferred
Manage your own investing with our free retirement planning tools1
No account fees or minimums to open a retail IRA
Fidelity Go IRA
We’ll manage your retirement investing so you don't have to
Choose from a Roth or traditional IRA
Access professional money management with a strategy personalized for your goals
Pricing starting at $0 up to a $25,000 account balance
The hypothetical chart above illustrates the potential growth of an investment account assuming a 7% annual nominal investment growth rate vs a .07% National savings account deposit rate as of May 16, 2022*. This chart assumes estimated/average return rates stay constant over the course of the time horizon and that no withdrawals were taken. Taxes, fees, and inflation are not included. Unlike traditional FDIC savings accounts, investments accounts are subject to market risk and do not carry FDIC insurance to protect from loss. Each type of account has its own unique set of potential benefits and limitations that you should consider before deciding what type is right for you. Interact with the slider to increase or decrease the monthly contribution to discover how the money could grow in an investment account vs an FDIC savings account. The monthly contribution is how much you want to invest every month. In this chart it is set at $250, but you can move the slider from $0 to $1,000 to see how your contributions could grow over time. For example, a $250 monthly contribution in an investment account could grow to $304,993 in 30 years compared to $90,949 in a traditional savings account, using end of month compounding. This example is for illustrative purposes only and does not represent the performance of any security. The assumed rate of return is not guaranteed. Investments that have potential for a 7% rate of return also come with risk of loss. Past performance does not guarantee future results. * FDIC: National Rates and Rate Caps
8 moves to help snowball retirement savings
These little steps could have a big effect later.A Roth IRA is a tax-advantaged retirement account where you make after-tax contributions and withdraw those contributions tax-free and penalty-free at any time and for any reason. You can withdraw earnings tax-free and penalty-free once the 5-year aging requirement is satisfied and are age 59½ or older, or meet one of several exemptions (disability, qualified first-time home purchase, or death among others). With a Roth IRA, you contribute money that's already been taxed (that is, "after-tax" dollars). Any earnings in a Roth IRA have the potential to grow tax-free as long as they stay in the account. A distribution from a Roth IRA is tax-free and penalty-free, provided the 5-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death. Roth IRAs are not subject to required minimum distributions (RMD) during the lifetime of the original owner, so you can leave your assets in the Roth IRA where they have the potential to continue to grow. With a traditional IRA, contributions can be made on an after-tax basis, or a pre-tax (tax-deductible) basis if certain requirements are met. Any earnings in the traditional IRA are tax-deferred as long as they remain in the account. Withdrawals of pre-tax monies are subject to ordinary income tax when withdrawn and potential penalties if the distribution is taken before you reach age 59 1/2. RMDs are required from traditional IRAs no later than April 1st of the year following the year in which you turn age 72. If you wait until April 1st, you will then be required to take your second distribution by the end of that year. Answer a few questions in the to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes. There are no account fees or minimums to open a retail IRA. You can get started with investing with as little as $1. You can withdraw your after-tax contributions to a Roth IRA tax-free and penalty-free at any time and for any reason. Otherwise, withdrawing earned income from a Roth IRA before the 5-year aging requirement is satisfied and you are 59 1/2 or older is subject to a 10% penalty in addition to income taxes unless an exception applies. Withdrawals from a Traditional IRA prior to age 59 1/2 are subject to a 10% penalty including ordinary income tax unless an exception applies.4 Answer a few questions in the to find out whether a Roth or traditional IRA might be right for you, based on how much you're eligible to contribute and how much you might be able to deduct on your taxes.
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Take advantage of our current offers for eligible accounts
Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money. 1. Fidelity's Planning and Guidance center allows you to create and monitor multiple independent financial goals. While there is no fee to generate a plan, expenses charged by your investments and other fees associated with trading or transacting in your account would still apply. You are responsible for determining whether, and how, to implement any financial planning considerations presented, including asset allocation suggestions, and for paying applicable fees. Financial planning does not constitute an offer to sell, a solicitation of any offer to buy, or a recommendation of any security by Fidelity Investments or any third-party. 2. No account fees or minimums to open Fidelity retail IRA accounts. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs), and commissions, interest charges, and other expenses for transactions, may still apply. See for further details. 3. A distribution from a Roth IRA is tax-free and penalty-free, provided the 5-year aging requirement has been satisfied and one of the following conditions is met: age 59½, disability, qualified first-time home purchase, or death. 4. A distribution from a Traditional IRA is penalty-free provided certain conditions or circumstances are applicable: age 59 1/2; qualified first-time homebuyer, up to $10,000; birth or adoption expense (up to $5,000); qualified higher education expense; death or disability; health insurance premiums (if you are unemployed); some unreimbursed medical expenses; substantially equal periodic payments; or tax levy. Fidelity Go provides discretionary investment management, and in certain circumstances, non-discretionary financial planning, for a fee. Advisory services offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FBS and NFS are Fidelity Investments companies. Fidelity was named NerdWallet's 2022 winner for Best Online Broker for Beginning Investors, Best Online Broker for IRA Investing and Best App for Investing. Results based on evaluating 16 brokers per category. 2017-2022 and TM, NerdWallet, Inc. All Rights Reserved. Fidelity, Fidelity Investments, the Fidelity Investments and pyramid design logo, and Fidelity Go are registered trademarks of FMR LLC. Fidelity Brokerage Services LLC, Member NYSE, , 900 Salem Street, Smithfield, RI 02917 1049516.3.0 Copyright 1998-2022 FMR LLC. All Rights Reserved. Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0