The holiday is over, 2011 is gone, and the new year has begun is. Now is the time for investors to add money to an IRA account. If you currently don’t have one, now is the time to open an account. I’ve done the research, and gathered up the best IRA investment promotions for you.
While many individual investors deposit retirement money for 2011 last year, you can make 2011 contributions until tax day (April 17th 2012). The contribution limit for both 2011 and 2012 is $5,000.
There are many options out there, and I thought I would summarize the best IRA promotions available on the web. The list is in no particular order, and I’ve included traditional discount brokers, but also included alternative investments. For taxable account offers, check out our lastest stock broker promotions.
Lending Club IRA
Open up a no fee IRA account with Lending Club. The peer-to-peer Lending Club members have averaged 9.64% annualized returns. In my taxable Lending Club account, I’ve averaged over 10.50% for the past two years. Lending Club is an alternative to other fix income investments with low annual returns.
OptionsHouse IRA Promotion #1
Get up to $600 when you open up a new, or rollover an existing IRA account. This offer will end December 31st 2012.
- $200 – Fund at least $25,000 (promo code ROLL200)
- $300 – Fund at least $50,000 (promo code ROLL300)
- $400 – Fund at least $100,000 (promo code ROLL400)
- $600 – Fund at least $250,000 (promo code ROLL600)
To qualify for this promotion, click on the ad banner below and enter the promo code when signing up.
OptionsHouse IRA Promotion #2
This promo is available to new Roth traditional or SEP IRA, or rolling over an existing 401k to OptionsHouse. OptionsHouse will give you 100 commission free trades, and reimburse up to $125 in transfer fees. OptionsHouse does not have any setup fees, annual fees, no maintenance fees, and no low balance fees.
To qualify for this promotion, click on the ad banner below and enter the promo code when signing up.
TradeKing IRA
TradeKing low ($4.95 a stock trade) commission fees. Combined with the tax deferment of an IRA, the low commission rates is a perfect way to come out ahead with your investments. Unlike many other discount brokers, TradeKing allows some option strategies in their IRA accounts.
