Save for retirement with Traditional &
Roth IRAs

Opening an E*TRADE IRA is an easy way to get your retirement savings on track and possibly save on taxes. We'll help you choose the right Individual Retirement Account and provide the guidance, tools, and value you need to meet your retirement goals.

Open an Account Now »

Discover The Savings Power of an IRA

Choose the Right Retirement Account

It's Never Too Late to Start Saving for Retirement

When it comes to retirement savings, this is perhaps the most important factor to consider. The sooner you start to save, the better off you'll likely be. Even if you are only 10-15 years from retirement, you can still save a substantial amount in an IRA. Discover The Savings Power of an IRA

Which IRA Is Right For You? Compare The Benefits:
Roth IRA Traditional IRA
Tax Benefits Tax-free withdrawals of previous contributions at any time

Tax-free withdrawals of earnings after age 59½ and the account has been open for five years1
Contributions may be tax deductible2

Tax-deferred growth3 - you pay taxes when you take distributions
Eligibility - Age Any age with earned income Under age 70½ with earned income
Eligibility — Income Limits
Single Filers Joint Filers
2013 Under $127K Under $188K
2014 Under $129K Under $191K
No income limits
Contribution Limits $5,500 ($6,500 if you are 50 or older) or 100% of employment compensation, whichever is less
Mandatory Withdrawals No mandatory withdrawals Must begin withdrawing money by April 1 following age 70½
  • No Annual Fees, No Account Minimums
    So you can keep more of your money working for you.
  • Automatic Investing Plan4
    Automatically deposit into your IRA and reach your maximum contribution each year.
  • Low Cost Options
    Including 1,300 no transaction fee mutual funds5 and over 80 commission free ETFs.6
  • Retirement Guidance and Support
    We can help you find the right account and select the right investments for you.
The Savings Power of an IRA8

Using time and the power of compounding, you can significantly grow your retirement savings whether you start early in life, or even as you near retirement.

This chart assumes each age group is making their maximum eligible contribution to an IRA account at the beginning of each annual period. $5,000 is contributed annually until reaching age 50, then $6,000 is contributed thereafter until age 65.