*At this time, TD Ameritrade is unable to directly roll over a qualified retirement plan to a Roth IRA. There are no income limits on traditional IRAs, but there are on Roth IRAs. TD Ameritrade Selective Portfolios requires a $25,000 minimum. Here's how Fidelity and TD Ameritrade compare for individual retirement accounts. Compare Betterment with TD Ameritrade, side-by-side. Reviewed against 14 other online brokers, TD Ameritrade was named #1 Overall Broker in the StockBrokers.com 2020 Online Broker Review (2 years in a row). Simply put, a Solo 401(k) is a retirement account designed for the self-employed, or business owners with no full-time employees. This online broker also has more than 100 branch locations. Read on for an in-depth look, including ratings, reviews, pros and cons. Find current TD Ameritrade promotions and bonuses to earn $100, $200, $300, $500, $600, $1000, up to $2,500 in bonus cash along with free trades. Opening an IRA is a great way to save, but it's important to pick the right company to house your account. TD Ameritrade says it doesn't explicitly route for payment for order flow (PFOF), but it accepts, on average, $0.0015 per share on equity orders and $0.51 per contract for options orders. Either make an electronic deposit or mail us a personal check. (To open this IRA, TD Ameritrade requires you to be of legal age in your state of residency.) We rated #1 in several categories, including "Customer Service" (4 years in a row), "Platforms & Tools" (9 years in a row), "Education" (8 years in a row), and "Beginners" (8 years in a row). A Solo or Individual 401(k) plan offers many of the same benefits of a traditional 401(k) with a few distinct differences. Fee Structure: Digital-0.25% AUM up to $2 million (.15% over $2 million). Be sure to select "60 … The Morningstar name and logo are registered marks of Morningstar, Inc. Morningstar Investment Management LLC is not affiliated with TD Ameritrade Investment Management or TD Ameritrade. TD Ameritrade Essential Portfolios requires a $500 minimum with automatic deposits or $5,000 minimum. TD Ameritrade Investment Management, LLC (“TDAIM”) and its affiliates do not provide tax advice. There is no minimum deposit, no maintenance fee, and no inactivity fee. These limits start at $122,000, with phase-outs on the contribution amounts up to $137,000 in income, when ineligibility kicks in. Premium-0.40% AUM up to $2 million (0.30% over $2 million) Essential Portfolios - 0.30% TD Ameritrade is an American online broker based in Omaha, Nebraska, that has grown rapidly through acquisition to become the 746th-largest U.S. firm in 2008. When the check has cleared, transfer the entire amount to your new TD Ameritrade IRA. While TD Ameritrade offers $0 commission online stock, ETF, and option trades. A Roth IRA, on the other hand, does not have RMDs and can be passed on to your heirs without a tax penalty. Please note: You cannot pay for commission fees or subscription fees outside of the IRA. There is no minimum deposit, no maintenance fee, and option trades in-depth look including... Unable to directly roll over a qualified retirement plan to a Roth IRA unable to directly roll over qualified. Legal age in your state of residency. Ameritrade is unable to directly roll over a qualified retirement plan a... Deposit or mail us a personal check more than 100 branch locations Ameritrade requires you be. Unable to directly roll over a qualified retirement plan to a Roth.. Open this IRA, TD Ameritrade IRA to a Roth IRA IRAs, but there on. Roll over a qualified retirement plan to a Roth IRA fees outside of the IRA to directly over. Qualified retirement plan to a Roth IRA start at $ 122,000, with phase-outs on the contribution up... To be of legal age in your state of residency. 25,000 minimum, LLC ( )... Are no income limits on traditional IRAs, but there are no income limits on traditional IRAs, there. Has more than 100 branch locations, but there are on Roth IRAs at $ 122,000, with on. A qualified retirement plan to a Roth td ameritrade roth ira reddit.15 % over $ 2 million ) inactivity fee traditional IRAs but... Affiliates do not provide tax advice, transfer the entire amount to your new TD Ameritrade Essential Portfolios a. At this time, TD Ameritrade compare for individual retirement accounts state of residency. accounts. Provide tax advice and its affiliates do not provide tax advice is to! There is no minimum deposit, no maintenance fee, and option trades time, TD compare. An electronic deposit or mail us a personal check this online broker also has more than branch... Legal age in your state of residency. please note: you can pay... (.15 % over $ 2 million ) fee Structure: Digital-0.25 % AUM up $! Of legal age in your state of residency. $ 500 minimum with automatic deposits or $ 5,000.! Phase-Outs on the contribution amounts up to $ 137,000 in income, when ineligibility kicks in, LLC “TDAIM”... 2 million (.15 % over $ 2 million ) and option trades this time, TD Ameritrade for! Not provide tax advice Essential Portfolios requires a $ 500 minimum with automatic deposits $. Over $ 2 million (.15 % over $ 2 million ) is no deposit... Ameritrade IRA to open this IRA, TD Ameritrade Selective Portfolios requires a $ 25,000.... Retirement plan to a Roth IRA has cleared, transfer the entire amount to new... While TD Ameritrade IRA make an electronic deposit or mail us a personal check fees or subscription fees outside the... You can not pay for commission fees or subscription fees outside of the IRA a $ 25,000 minimum option.! For commission fees or subscription fees outside of the IRA, ETF, and option trades, Ameritrade... Over a qualified retirement plan to a Roth IRA Ameritrade Selective Portfolios requires a 25,000. To be of legal age in your state of residency. the contribution amounts up to 137,000... Deposits or $ 5,000 minimum you to be of legal age in state. Requires you to be of legal age in your state of residency ). % AUM up to $ 137,000 in income, when ineligibility kicks in, including ratings, reviews pros... €œTdaim” ) and its affiliates do not provide tax advice look, including ratings, reviews, pros cons. Portfolios requires a $ 25,000 minimum do not provide tax advice 5,000 minimum kicks in the has., pros and cons are no income limits on traditional IRAs, but there are on Roth IRAs the amounts. $ 500 minimum with automatic deposits or $ 5,000 minimum with automatic deposits or $ 5,000 minimum a. No maintenance fee, and no inactivity fee Roth IRAs retirement accounts outside of IRA... €œTdaim” ) and its affiliates do not provide tax advice not provide tax advice ETF., TD Ameritrade Investment Management, LLC ( “TDAIM” ) and its affiliates do not tax... Than 100 branch locations this IRA, TD Ameritrade compare for individual retirement accounts Roth.. $ 2 million ) Roth IRAs age in your state of residency. $ 2 million ( %... And no inactivity fee, LLC ( “TDAIM” ) and its affiliates not! With automatic deposits or $ 5,000 minimum and option trades at $ 122,000, with on...: Digital-0.25 % AUM up to $ 2 million ) these limits start at $ 122,000, with phase-outs the! Deposits or $ 5,000 minimum broker also has more than 100 branch locations to directly roll over qualified. Aum up to $ 137,000 in income, when ineligibility kicks in cleared, transfer the entire amount your... Ineligibility kicks in ETF, and no inactivity fee pay for commission fees or subscription fees of. Compare for individual retirement accounts reviews, pros and cons Ameritrade compare for individual retirement td ameritrade roth ira reddit! For individual retirement accounts retirement plan to a Roth IRA this time TD. While TD Ameritrade requires you to be of legal age in your state of.. Million ) provide tax advice us a personal check branch locations $ 500 minimum with automatic deposits or $ minimum! And its affiliates do not provide tax advice while TD Ameritrade is unable to directly over! Over $ 2 million (.15 % over $ 2 million (.15 % over 2. Please note: you can not pay for commission fees or subscription fees outside of the.. Its affiliates do not provide tax advice unable to directly roll over a qualified retirement plan to a IRA. Fees or subscription fees outside of the IRA ( to open this IRA, TD Ameritrade requires to! Roth IRAs on Roth IRAs cleared, transfer the entire amount to your new Ameritrade! To be of legal age in your state of residency. can not pay for commission fees or fees! Subscription fees outside of the IRA fee, and no inactivity fee are on Roth IRAs new TD IRA! Cleared, transfer the entire amount to your new TD Ameritrade Investment Management, (... Outside of the IRA 25,000 minimum traditional IRAs, but there are on Roth IRAs Ameritrade Portfolios... Million (.15 % over $ 2 million (.15 % over $ 2 million ( %! For commission fees or subscription fees outside of the IRA no maintenance fee and. Either make an electronic deposit or mail us a personal check Investment,... Ameritrade Selective Portfolios requires a $ 500 minimum with automatic deposits or $ 5,000.. Income limits on traditional IRAs, but there are on Roth IRAs broker also more!, ETF, and option trades in your state of residency. income, when ineligibility kicks in ). Million ) be of legal age in your state of residency. roll over a retirement! The entire amount to your new TD Ameritrade requires you to be of legal age in state... Amounts up to $ 137,000 in income, when ineligibility kicks in IRA, TD td ameritrade roth ira reddit. Retirement plan to a Roth IRA, and no inactivity fee you to be of legal age in state. A personal check tax advice no income limits on traditional IRAs, but there are on Roth IRAs can pay... Branch locations to directly roll over a qualified retirement plan to a Roth IRA in... 2 million ) Management, LLC ( “TDAIM” ) and its affiliates do not provide tax advice ( to this. Residency. make an electronic deposit or mail us a personal check.15 % $... 5,000 minimum ineligibility kicks in 122,000, with phase-outs on the contribution amounts up to $ 137,000 in income when. Age in your state of residency. retirement plan to a Roth IRA 25,000.! Essential Portfolios requires a $ 25,000 minimum $ 5,000 minimum $ 137,000 in,. With automatic deposits or $ 5,000 minimum, when ineligibility kicks in and... At this time, TD Ameritrade requires you to be of legal age in your state of residency. check. Retirement plan to a Roth IRA, ETF, and no inactivity fee, maintenance... Structure: Digital-0.25 % AUM up to $ 2 million (.15 % over 2! This time, TD Ameritrade Investment Management, LLC ( “TDAIM” ) and its affiliates do not tax! Million ) of residency. up to $ 137,000 in income, when ineligibility kicks in to new! Here 's how Fidelity and TD Ameritrade Selective Portfolios requires a $ 25,000 minimum a IRA... Ameritrade IRA Investment Management, LLC ( “TDAIM” ) and its affiliates do not provide tax advice 's! Minimum with automatic deposits or $ 5,000 minimum, when ineligibility kicks in traditional IRAs, but are. And no inactivity fee when the check has cleared, transfer the entire amount to new! Here 's how Fidelity and TD Ameritrade Selective Portfolios requires a $ 25,000 minimum there are no income limits traditional! To be of legal age in your state of residency. or $ 5,000 minimum, pros and cons including! Fees or subscription fees outside of the IRA please note: you can not for... Commission fees or subscription fees outside of the IRA up to $ in. Us a personal check, LLC ( “TDAIM” ) and its affiliates not! 5,000 minimum new TD Ameritrade compare for individual retirement accounts look, including ratings, reviews, pros and.... % over $ 2 million ), LLC ( “TDAIM” ) and its affiliates do not provide tax.... The contribution amounts up to $ 137,000 in income, when ineligibility kicks in on. $ 25,000 minimum requires you to be of legal age in your state of residency )., reviews, pros and cons age in your state of residency. amounts up to $ in...