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
- Wealthfront — Manage $5,000 for Free
- Betterment — Up to One Year Commission Free
- Ellevest — Get up to $750 Cash Bonus for Joining
- Ally Invest — Get up to $3,500 Cash Bonus Plus Commission-Free Trades
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.
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|
|$250,000 or more||12 Months|
|$100,000 – $249,999||6 Months|
|$5,000 – $99,999||1 Month|
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 up to $3,500 Cash Bonus Plus Commission-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 this special offer.
Currently, you can receive a cash bonus up to $3,500 plus commission-free trades for 90 days when you open a new account with Ally Invest. To qualify, accounts must be opened by July 31, 2018, and funded within 60 days of account opening. The qualifying deposit to open the new account must be made from outside Ally Invest. To receive the minimum cash bonus, you must invest a minimum of $10,000. This minimum must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding.
This promotion applies to IRAs as well as to taxable accounts.
Here’s a breakdown of what you can get:
|Openin Balance||Cash Bonus|
|$1,000,000 – $1.99M||$2,500|
|$500,000 – $999,999||$1,200|
|$250,000 – $499,999||$600|
|$100,000 – $249,999||$300|
|$25,000 – $99,999||$200|
|$10,000 – $24,999||$100|