Top 5 IRA Accounts for 2016: A Complete Guide
Discover the top IRA accounts of 2016, featuring options from E*Trade, TD Ameritrade, Scottrade, Betterment, and Wealthfront. This guide provides insights into investment choices, fees, and features to help you choose the best retirement savings plan tailored to your needs, ensuring a secure financial future.
Top 5 IRA Accounts for 2016: A Complete Guide
An Individual Retirement Account (IRA) offers a strategic way to save for your retirement years while enjoying significant tax advantages. There are two main types: traditional IRA and Roth IRA. Comparing features, fees, and investment options is essential to selecting the best account. The following list highlights the top IRA providers of 2016, known for their low costs, robust investment choices, and excellent customer service.
E*Trade
Known for offering a wide array of investment products, E*Trade is a top choice. They provide comprehensive information on IRA rollovers and conversions. New customers can earn up to $600 for opening an account, and access over 8,000 mutual funds for investment.
TD Ameritrade
Recognized for its user-friendly trading platforms and extensive resources, TD Ameritrade offers effective planning tools to help meet your financial goals efficiently.
Scottrade
Renowned for superior customer support and diverse investment options, Scottrade’s Flexible Reinvestment Program allows dividends to be reinvested into other stocks without extra charges, enhancing growth opportunities.
Betterment
This platform simplifies retirement planning with online tools that streamline portfolio balancing and tax strategies like tax loss harvesting. Best of all, it features no rebalancing or transaction fees, making it budget-friendly.
Wealthfront
A major online financial advisor, Wealthfront offers service features such as automated portfolios, tax loss harvesting, and diversified stock allocation. It operates on flat-rate fees, regardless of account size.
With these options, you can make informed decisions and select the IRA that best matches your retirement savings goals.
