up to $5,500/year
annual contributions (if under age 50)
up to $6,500/year
annual contributions (if age 50 or older)
Features of a Roth IRA
Anyone with earned income that doesn't exceed income limits (under $132K for single filers and under $194K for joint filters for 2016; under $133K for single filers and under $196K for joint filers for 2017) is eligible for a Roth IRA
Withdraw contributions at any time
Unlike a Traditional IRA, Roth IRA contributions may be withdrawn tax- and penalty-free
Tax-free withdrawals on qualified distributions
Qualified distributions are tax- and penalty-free to both account holders and beneficiaries2
No required minimum distributions (RMDs)
No RMDs beginning at age 70½ for account holder
Trade more, pay less
With E*TRADE, you pay a $6.95 commission for stock and option trades. Here’s a quick overview of our clear, competitive per-trade pricing.
Explore similar accounts
OneStop Rollover IRA
Let E*TRADE Capital Management LLC manage your rollover assets
Transfer the assets from an old workplace plan and automatically invest into Adaptive Portfolio.6 Get started with a $10,000 inital investment.
Potential tax-deductible contributions
Save for retirement with tax-deductible contributions and tax-deferred growth potential.
Take control of retirement savings
Whether you have changed jobs or retired, you have options when considering what to do with a former employer's plan. Be sure you know the pros and cons of each choice.