As 2018 progresses, now is a great time to get in on an IRA bonus. If you currently don’t have one, you might want to consider opening a new account to take advantage of the tax benefits. Whether you are doing a rollover IRA or creating a new IRA account, the money can be used to supplement other retirement options. We’ve done the research and gathered the best IRA investment promotions for you. Most of the offers apply to IRA transfers or when opening a new IRA.
There are many options out there, and this list is in no particular order. We’ve included traditional discount brokers, but also alternative investments. For taxable account offers, check out our latest stock broker promotions.
- TD Ameritrade IRA — Get up to $600 and Trade Free for 60 Days
- E*TRADE IRA — Get up to $2,500 and 60 Days of Free Trades
- Wealthfront — Manage $5,000 for Free
- Betterment — Up to One Year Commission Free
- Firstrade IRA — Get up to $300 Cash Rewards + 500 Free Trades
- Ellevest — Get up to $750 Cash Bonus for Joining
- Ally Invest — Get 90 Days of Free Trades
- Ally Invest — Open an IRA for Only $3.95/Trade
TD Ameritrade IRA Promo
Kiplinger’s rated TD Ameritrade best broker for your IRA.
If you want to find out for yourself, now you can get up to $600 and trade free for 60 days. To qualify, you must transfer from an existing IRA account with another brokerage. The dollar amount bonus and transfer amount is listed below and must transfer within 60 days of opening your account.
Here are the bonus levels:
|$250,000 or more||$600 Cash + 60 Days Free Trades|
|$100,000 — $249,999||$300 Cash + 60 Days Free Trades|
|$25,000 — $99,999||$100 Cash + 60 Days Free Trades|
|$3,000 — $24,999||60 Days Free Trades|
To find out more about this popular robo-advisor platform, read our recent review of Wealthfront. They just passed $3 billion in managed assets. This offer is available not only for tax-deferred accounts but for taxable accounts as well. This promotion is worth $5,000 more than the standard offer.
The terms are really simple, and there are two ways you can qualify. Just transfer an existing account — either a 401(k) or an IRA — or deposit a minimum of $500 cash.
E*TRADE IRA Promotion
Get up to $600 with E*TRADE’s no annual fee and no minimum traditional IRA. Plus, you’ll get 60 days of free trades for deposits of $10,000 or more.
This offer is available only for a new IRA account, which can be a rollover IRA, traditional IRA or Roth IRA. The deposit cannot come from an existing E*TRADE account.
In order to receive the cash credit, you must make a deposit within 45 days of opening the account. For more terms and conditions about this E*TRADE promo, visit their website.
|$1,000,000 or more||$2,500 Cash + 60 Days Free Trades|
|$500,000 — $999,999||$1,200 Cash + 60 Days Free Trades|
|$250,000 — $499,999||$600 Cash + 60 Days Free Trades|
|$100,000 — $249,999||$300 Cash + 60 Days Free Trades|
|$25,000 — $99,999||$200 Cash + 60 Days Free Trades|
|$10,000 — $24,999||60 Days Free Trades|
Betterment — Up to One Year Commission Free
In order to qualify for this promotion, you need to deposit at least $10,000 into a new account within 45 days of opening it.
Betterment has made setting up, opening or transferring an existing retirement account a breeze.
|Initial Deposit||Commission Free|
|$500,000 or more||12 Months|
|$250,000 – $499,999||9 Months|
|$100,000 – $249,999||6 Months|
|$50,000 – $99,999||3 Months|
|$25,000 – $49,999||2 Months|
|$10,000 – $24,999||1 Month|
Firstrade IRA — Get up to $300 Cash Rewards + 500 Free Trades
Firstrade is a no-frills stock broker with trades that start at $2.95 each! With this promotion, Firstrade supports traditional, Roth and rollover IRAs. Even SEP and Simple IRAs are supported by Firstrade. For more information about this service, please read our Firstrade review.
When opening the account please use promo code: “CASH2018”
This promotion is currently set to expire on May 31, 2018.
|Open Account||Cash Reward||Commission Free Trades|
|$100,000 or more||$300||500|
|$50,000 — $99,999||$200||500|
|$25,000 — $49,999||$100||500|
|$2,000 — $24,999||None||500|
Ellevest — Get up to $750 Cash Bonus for Joining
Ellevest is a unique robo advisor that was designed for women by women. The founder, Sallie Krawcheck, is a former Wall Street exec who felt that investment firms just don’t customize their services enough to meet a woman’s needs. The platform takes into account each user’s family responsibilities, as well as income and money goals.
Currently, you can receive a cash bonus for signing up to Ellevest. Here’s how much you can earn:
|Deposit Amount||Cash Bonus|
|$10,000 – $24,999||$25|
|$25,000 – $49,999||$75|
|$50,000 – $99,999||$150|
|$100,000 – $249,999||$300|
Ally Invest — Get 90 Days of Free Trades
Ally Invest is a great low-cost online stock broker. Formerly known as “TradeKing,” this platform is the sister to Ally Bank, so you can enjoy banking and investing with a one-stop shop. Plus, there are no minimums to begin!
If you currently don’t have an Ally Invest account, now would be a good time to try with a special offer of 90 days of commission-free trades. To participate in this promotion, your account must have a minimum balance of $5,000. If you transfer from another institution, Ally will cover the transfer fees, up to $150! The type of account available for this offer can be a Traditional, Roth or Rollover IRA.
Ally Invest — Open an IRA for Only $3.95/Trade
With this second offer from Ally Invest, you can open a standard Traditional, Roth or Rollover IRA and receive the special pricing of $3.95 per trade. You must maintain an average $100,000 balance OR make at least 30 trades per quarter to qualify.
Please note: Ally Invest calls this “Self-Directed Trading” because you can hand pick your investments for only $3.95 per trade. However, this is NOT a Self-Directed IRA, which would require a special custodian.