Sooner or later, we’re all going to need to pick a retirement savings account. And if you’ve decided an IRA (individual retirement account) is right for you, you’ve got yet another choice to make: Should you open a Roth or traditional IRA?
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.
Ally Invest (formerly TradeKing) is offering several promotions. I’m a big fan of Ally Bank and Ally Invest, in fact, I’ve been a customer of Ally Invest since 2010. See my review of Ally Invest for a detailed account of my experience with this service.
One of greatest advantages to saving for retirement is the tax benefits you get when investing in an IRA or other qualified retirement account. Most people know there are tax benefits to opening an IRA account, but few understand how many benefits there are, and how powerful they can be in the cause of saving money for retirement. Did you know there are at least six tax benefits to opening an IRA account?
Fidelity Investments is currently offering one promotion, which has been updated for 2018. See our review for more information about Fidelity.
E*TRADE is currently offering two promotions, both which are similar. They have a wide array of stockbroker services, that include brokerage and traditional banking services. While they aren’t the lowest priced broker available, their site is easy to use, trades execute quickly, and their telephone customer service is responsive. Visit our review of E*TRADE to get an informed opinion of their service.