Etrade Roth Ira,

Roth IRA

Tax-free growth potential

• Use the IRA Selector tool to see if you qualify for a Traditional or a Roth IRA
• Contribute on an after-tax basis and make qualified withdrawals at any time
• Automate your retirement investing with Core Portfolios (low $500 minimum)
• Enjoy fast, easy withdrawals at age 59ВЅ with free cash management features 2

annual contributions
(if under age 50)

annual contributions
(if age 50 or older)

Why open a Roth IRA?

Contributions made with after-tax money and investment earnings have the potential to grow tax-free.
Compare investment accounts to see if a Roth IRA account is right for you.

Eligibility information

Anyone with earned income that doesn’t exceed income limits of $137,000 in 2020 ($139,000 in 2020) for single filers and $203,000 in 2020 ($206,000 in 2020) for joint filers is eligible for a Roth IRA

Tax-deferred growth potential

All investment earnings are tax-deferred; pay taxes only when distributions are taken.

Tax-free withdrawals on qualified distributions

Qualified distributions are tax- and penalty-free to both account holders and beneficiaries 3

No required minimum distributions (RMDs)

No RMDs beginning at age 70ВЅ (72 for anyone born after 6/30/1949) for account holder.

Invest commission-free with Kiplinger’s #1 rated online broker. 1

Enjoy $0 commissions on online US-listed stock, ETF, and options trades with no account minimums.

Trade more, pay less

With E*TRADE, you pay $0 commissions for online stock, ETF and options trades. Here’s a quick overview of our clear, competitive per-trade pricing.

Stocks

Mutual Funds

Prices vary

no load, no-transaction-fee for more than 4,500 funds 3

Bonds

per bond for online secondary market trades ($10 minimum, $250 maximum) 5

Options

50Вў – 65Вў

Futures

per contract, per side —plus fees 4

Roth IRA FAQs

Already have an IRA? Contribute now.

 What are the eligibility requirements for Roth IRA?

• Must be 18 years of age or older with earned income
• Must have MAGI (Modified Adjusted Gross Income) under certain thresholds (see ‘Single Filers’ or ‘Joint Filers’ for additional information). If an investor exceeds the income limitations for a Roth IRA, they can consider contributing to a Traditional IRA. Contributions will not be tax-deductible; however, an investor will still benefit from the potential of tax-deferred growth. Additionally, Traditional IRA contributions may be converted to a Roth IRA at any time.
• To apply online, you must be a U.S. citizen or resident
• Roth IRAs must be established by the tax filing deadline (without extensions) for the tax year to which your qualifying contribution(s) will apply. This date is generally April 15 of each year. IRA Notice 2020-18 Relief for Taxpayers extended the IRA contribution deadline from April 15 to July 15, 2020. Applications postmarked by this date will be accepted.

• If an investor’s MAGI is less than $122,00 in 2020 ($124,000 in 2020), they may be eligible to make a full contribution. If their MAGI is between $122,000-$137,000 in 2020 ($124,000-$139,000 in 2020), they may be eligible to make a partial contribution. An investor is not eligible to make a contribution if their MAGI is more than $137,000 in 2020 ($139,000 in 2020).

If a couple’s combined MAGI is less than $193,000 in 2020 ($196,000 in 2020), they may be eligible to make a full contribution. If their combined MAGI is between $193,000-$203,000 in 2020 ($196,000-$206,000 in 2020), a couple may be eligible to make a partial contribution. They are not eligible to make a contribution if MAGI is more than $203,000 in 2020 ($206,000 in 2020).

Modified adjusted gross income (MAGI) is used to determine whether a private individual qualifies for certain tax deductions. Most notably, it is used to determine how much of an individual’s IRA contribution is deductible and whether an individual is eligible for premium tax credits.

Rollover IRA

Take control of your old 401(k) or 403(b) assets

• Manage all your retirement assets under one roof
• Enjoy investment flexibility and low costs
• Maintain the same tax advantages

Speak to a Retirement Specialist

annual IRA account fees 2

Why roll over to E*TRADE?

The average American changes jobs over 11 times between the ages of 18 to 50 alone. 3
Compare investment accounts and consider your options to see if the retirement assets you left behind might work even harder in an E*TRADE Rollover IRA.

Easy process

В Get support from our team of Retirement Specialists who will explain your account options and guide you from start to finish

Investment choices

Invest for the future with stocks, bonds, options, ETFs, and thousands of mutual funds

Low costs

$0 commission for stock, ETF,В and options trades, 1 В plus no-load, no-transaction-fee mutual funds 4

Managed Portfolios

We can build, monitor, and manage a diversified retirement portfolio for your retirement needs—for as little as $15 a year 5,6

Invest commission-free with Kiplinger’s #1 rated online broker. 1

Enjoy $0 commissions on online US-listed stock, ETF, and options trades with no account minimums.

Roll over in three easy steps

Have questions or need assistance? Call 877-921-2434 to speak with a Retirement Specialist.
We can take care of just about everything for you (just ask us!)

Open an E*TRADE Rollover IRA

You can apply online in about 15 minutes. If you’re planning to roll the assets into an existing E*TRADE IRA, you can skip this step.

Roll over your old retirement plan assets

Contact your former plan administrator and let them know you’d like to roll over. Fill out any required forms, then request to have a check made payable to “E*TRADE Securities, FBO ” with your account number on the front.
Ask them to mail the check to:

E*TRADE Securities LLC

Jersey City, NJ 07303-0484

Choose investments

We’ll notify you when your assets have arrived and are available for investing. You can use our online tools to choose from a wide range of investments, including stocks, bonds, ETFs, mutual funds, and more. Or, you can enroll your IRA in one of our
managed portfolios, and we’ll invest for you.

Still not sure if rolling over is right for you?

Our Rollover Guide may help you evaluate your options before making a decision. Answer a few simple questions, and get help as you consider what to do with your old workplace retirement plan.

Trade more, pay less

With E*TRADE, you pay $0 commissions for online stock, ETF and options trades. Here’s a quick overview of our clear, competitive per-trade pricing.

Stocks

Mutual Funds

Prices vary

no load, no-transaction-fee for more than 4,500 funds 4

Bonds

per bond for online secondary market trades ($10 minimum, $250 maximum) 7

Options

50Вў – 65Вў

Futures

per contract, per side —plus fees 8

Rollover IRA FAQs

Already have an IRA? Contribute now.

 What are the eligibility requirements for Rollover IRA?

• Must be 18 years of age or older
• To apply online, must be a US citizen or resident
• Generally, an investor cannot roll over assets from an employer’s plan into an IRA unless they have changed jobs, retired, or are over age 59ВЅ
• An investor may also roll over into a Roth IRA if they have made after-tax contributions to a Roth 401(k) or Roth 403(b), or want to convert a pre-tax 401(k) to a Roth IRA

 How is a direct rollover initiated?

1. A Traditional, Rollover, or Roth IRA account must first be opened with E*TRADE, unless account assets will be rolled over into an existing IRA.В

Contact the benefits administrator of the former employer and complete all distribution forms required to initiate the direct rollover.В

For rollovers via check:

Instruct the plan administrator to issue a distribution check made payable to:В

E*TRADE Securities, FBO

If rolling over to a Rollover IRA:

Make sure the Rollover IRA account number is included on the check.

If rolling over to a Roth IRA:

Make sure the Roth IRA account number is included on the check.

Instructions should be attached to the check if it is to be split between a Rollover IRA and a Roth IRA.

Instruct the plan administrator to mail the check to:

E*TRADE Securities LLC

Jersey City, NJ 07303-0484

If the plan administrator sends you the check, simply forward it along with an IRA Deposit SlipВ to E*TRADE Securities at the address above.

For securities rollovers:

Instruct the plan administrator to forward securities to DTC Clearing 0385, Code 40.

Or, if the plan administrator wants to mail certificates, make sure the certificates clearly indicate the E*TRADE Rollover or Roth IRA account number and are registered to the following:

E*TRADE Securities, FBO

Instruct the plan administrator to mail the certificates to:

E*TRADE Securities LLC

Jersey City, NJ 07303-0484

 How long does a rollover usually take?

A rollover generally takes 4–6 weeks to complete. However, this timeframe depends on how long the former employer or plan administrator takes to process the transaction.

 Does the rollover need to be reported on a tax return?

Yes. Any amounts rolled over directly from a pre-tax employer plan into a Traditional or Rollover IRA are reportable, but not taxable. The former employer will send IRS Form 1099-R, which reports the plan distribution. E*TRADE will then send IRS Form 5498 by May 31 of the following year, reporting the incoming rollover to offset the distribution. However, if a pre-tax qualified plan is rolled over into a Roth IRA, this transaction is taxable and must be included in taxable income. Consult with a tax advisor for more information.

 Can a rollover be processed even if the individual is still working?

Generally, assets from an employer’s plan cannot be rolled over unless the participant has changed jobs, retired, or is over age 59ВЅ. Check with the employer’s plan administrator to confirm whether assets may be transferred while still employed.

 What are the differences between rollovers and transfers?

• Rollovers and transfers are two different ways of moving funds
• A direct rollover is the movement of assets from an employer’s qualified retirement plan, such as a 401(k) to an IRA. Assets are sent directly from the plan administrator to the IRA custodian. A direct rollover is reportable on tax returns, but not taxable.
• A transfer is the movement of IRA assets held by one trustee or custodian to an identically registered IRA held by another trustee or custodian, without taking physical receipt of the funds. Account transfers are not reportable on tax returns and can be completed an unlimited number of times per year.

Explore similar accounts

Personalized Investments

Professional management, diversified portfolios

Tap into professional money management from E*TRADE Capital Management. Choose from an array of customized managed portfolios to help meet your financial needs.

Roth IRA 9

Tax-free growth potential retirement investing

Pay no taxes or penalties on qualified distributions if you meet the income limits to qualify for this account.

E*TRADE Complete TM IRA

For retirement investors over age 59ВЅ

Convert your IRA for flexible access to cash with free checking, online bill pay, and ATM/debit cards. 10,11

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Service 

Quick Links 

Connect with us

Check the background of E*TRADE Securities LLC onВ FINRA’s BrokerCheck.

Investment Products: • Not FDIC Insured • No Bank Guarantee • May Lose Value

PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

In Kiplinger’s annual Best Online Brokers Review of 10 firms across seven categories, E*TRADE was awarded first place with an overall score of 82.9 out of 100 and “Best for Mutual Fund Investors.” E*TRADE’s ratings for all category rankings include: Overall (#1), User Experience (#2), Investment Choices (#2), Advisory Services (#3), Mobile (#3), Research (#4), Commissions and Fees (#6), and Tools (#7). Read the full “Best Online Brokers, 2020” survey.

E*TRADE charges $0 commission for online US-listed stock, ETF, and options trades. Exclusions may apply and E*TRADE reserves the right to charge variable commission rates. The standard options contract fee is $0.65 per contract (or $0.50 per contract for customers who execute at least 30 stock, ETF, and options trades per quarter). The retail online $0 commission does not apply to Over-the-Counter (OTC), foreign stock transactions, large block transactions requiring special handling, transaction-fee mutual funds, futures, or fixed income investments. Service charges apply for trades placed through a broker ($25). Stock plan account transactions are subject to a separate commission schedule. Additional regulatory and exchange fees may apply. For more information about pricing, visit etrade.com/pricing.

The Annual Advisory Fee is 0.30% and is the direct fee charged to any client in the advisory program. The advisory fee does not cover underlying management fees and expenses of any mutual fund or ETF investment held in the portfolio. E*TRADE Capital Management will waive the Core Portfolios advisory program’s quarterly advisory fee until September 30, 2020 for eligible enrollment. Eligible E*TRADE Securities LLC brokerage accounts must enroll in Core Portfolios and have funded the account with at least the required minimum amount by June 30, 2020. The minimum investment is $500 and there are no brokerage trading commissions associated with the advisory program. You will start to pay the program’s annual advisory fee immediately following the initial three-month waiver period.

The advisory fee waiver does not apply to ETCM’s Blend Portfolios, Dedicated Portfolios, and Fixed Income Portfolios advisory programs.

Excludes non-US residents and any jurisdiction where this offer is not valid. Offer expires June 30, 2020.

Securities products and services offered by E*TRADE Securities LLC. Member FINRA/SIPC. Investment advisory services offered by E*TRADE Capital Management, LLC, a Registered Investment Adviser. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA. Bank products and services offered by E*TRADE Bank and E*TRADE Savings Bank, both federal savings banks and Members FDIC. Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc. All separate but affiliated subsidiaries of E*TRADE Financial Corporation.

Securities, investment advisory, commodity futures, options on futures and other non-deposit investment products and services are not insured by the FDIC, are not deposits or obligations of, or guaranteed by, E*TRADE Bank or E*TRADE Savings Bank, and are subject to investment risk, including possible loss of the principal amount invested.

System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors.

В© currentYear E*TRADE Financial Corporation. All rights reserved.В E*TRADE Copyright Policy

Our Accounts

We don’t just help one kind of person. Or one kind of business. Or one kind of nonprofit, family, or trustee. We have a variety of plans for many different investors or traders, and we may just have an account for you.

Most Popular

Trade or invest in your future with our most popular accounts.

Brokerage account

Investing and trading account

Buy and sell stocks, ETFs, mutual funds, options, bonds, and more.

Core Portfolios

Automated investing with $500 minimum

Pay no advisory fee through September 30, 2020, when you open a new Core Portfolios account by June 30. 4

Premium Savings Account

Investing and savings in one place

No monthly fees, no minimum balance requirement.

Traditional IRA

Tax-deductible retirement contributions

Earnings potentially grow tax-deferred until you withdraw them in retirement.

Roth IRA 1

Tax-free growth potential retirement investing

Pay no taxes or penalties on qualified distributions if you meet the income limits to qualify for this account.

Rollover IRA

Take control of an old 401(k)

Consolidate assets from a former employer’s retirement plan.

Brokerage

Build your portfolio, with full access to our tools and info.

Brokerage account

Investing and trading account

Buy and sell stocks, ETFs, mutual funds, options, bonds, and more.

Coverdell ESA

Save for a child’s education

Tax-free withdrawals for qualified educational expenses, such as tuition and books.

Custodial Account

Brokerage account for a minor

Managed by a parent or other designated custodian until the child comes of legal age.

Retirement

Invest in the future, with retirement accounts from E*TRADE Securities.

Rollover IRA

Take control of an old 401(k)

Consolidate assets from a former employer’s retirement plan.

Roth IRA 1

Tax-free growth potential retirement investing

Pay no taxes or penalties on qualified distributions if you meet the income limits to qualify for this account.

Traditional IRA

Tax-deductible retirement contributions

Earnings potentially grow tax-deferred until you withdraw them in retirement.

Beneficiary IRA

For inherited retirement accounts

Keep inherited retirement assets tax-deferred while investing for the future.

E*TRADE Complete TM IRA

For retirement investors over age 59ВЅ

Convert your IRA for flexible access to cash with free checking, online bill pay, and ATM/debit cards. 2,3

IRA for Minors

For children with earned income

A retirement account managed by an adult for the benefit of a minor under age 18.

Personalized Investments

Tap into professional money management from E*TRADE Capital Management.

Core Portfolios

Automated investing with $500 minimum

Pay no advisory fee through September 30, 2020, when you open a new Core Portfolios account by June 30. 4

Blend Portfolios

Professionally managed portfolios with $25,000 minimum

Work with a Financial Consultant to get a tailored portfolio of mutual funds and ETFs that’s managed for you.

Dedicated Portfolios

Custom-built, professionally managed portfolios with $150,000 minimum

Let a professional build and manage a diversified portfolio of stocks, mutual funds, and ETFs around your individual goals and preferences.

Fixed Income Portfolios

Custom portfolio of investment-grade bonds with $250,000 minimum

Work with a dedicated Financial Consultant on building a custom bond portfolio managed by third-party portfolio managers.

Small business retirement

Offer retirement benefits to employees. Use the Small Business Selector to find a plan.

Retirement plans offered by E*TRADE Securities.

Individual and Roth Individual 401(k)

Retirement plan for the self-employed

High contribution limits and simple administration for business owners and their spouses.

SIMPLE IRA

For businesses with fewer than 100 employees

Easy, inexpensive retirement plan with deductible employer and employee contributions.

SEP IRA

For the self-employed and small businesses

Flexible annual contributions from 0% to 25% of earned income.

Profit-Sharing Plan

Reward employees with company profits

Share a percentage of company profits to help employees save for retirement.

Investment-Only Account

For businesses with existing retirement plans

Expand the range of available investment options without changing plan custodians.

E*TRADE Bank

FDIC insurance and free transfers to and from accounts at E*TRADE and elsewhere.

Premium Savings Account

Investing and savings in one place

No monthly fees, no minimum balance requirement.

Max-Rate Checking

Competitive yields and free features

Free Transfer Money service, online bill pay, and unlimited ATM fee refunds nationwide.

E*TRADE Checking

Basic checking with no monthly fees

Free initial checks, online bill pay, and ATM/debit card.

E*TRADE Line of Credit

Borrow against your investments

Access cash for personal or business needs without disturbing your investment plans.

Account FAQs

 How do I open an account?

1. Choose the type of account you want. Then complete our brokerage or bank online application.
2. For bank and brokerage accounts, you can either fund your account instantly online or mail in your direct deposit.

1. Download an application and then print it out.
2. Complete and sign the application.
3. Send the application with a check made payable to E*TRADE Securities or E*TRADE Bank (depending on the type of account you’re opening) to the appropriate address.

 How do I check on the status of an application?

 When can I start trading after I open an account?

You can start trading within your brokerage or IRA account after you have funded your account and those funds have cleared.

 Can I roll over my 401(k) to E*TRADE?

Yes, you can roll over your 401(k) or other employer-sponsored plan to an E*TRADE IRA.

 How do I fund an account?

Choose the method that works best for you:

1. Transfer money electronically: Use our Transfer Money service to transfer within 3 business days.
2. By check: You can easily deposit many types of checks.
3. By wire transfer: Wire transfers are fast and secure.
4. Transfer an account: Move an account from another firm.

ETRADE Footer

About Us 

Service 

Quick Links 

Connect with us

Check the background of E*TRADE Securities LLC onВ FINRA’s BrokerCheck.

Investment Products: • Not FDIC Insured • No Bank Guarantee • May Lose Value

PLEASE READ THE IMPORTANT DISCLOSURES BELOW.

The Annual Advisory Fee is 0.30% and is the direct fee charged to any client in the advisory program. The advisory fee does not cover underlying management fees and expenses of any mutual fund or ETF investment held in the portfolio. E*TRADE Capital Management will waive the Core Portfolios advisory program’s quarterly advisory fee until September 30, 2020 for eligible enrollment. Eligible E*TRADE Securities LLC brokerage accounts must enroll in Core Portfolios and have funded the account with at least the required minimum amount by June 30, 2020. The minimum investment is $500 and there are no brokerage trading commissions associated with the advisory program. You will start to pay the program’s annual advisory fee immediately following the initial three-month waiver period.

The advisory fee waiver does not apply to ETCM’s Blend Portfolios, Dedicated Portfolios, and Fixed Income Portfolios advisory programs.

Excludes non-US residents and any jurisdiction where this offer is not valid. Offer expires June 30, 2020.

Securities products and services offered by E*TRADE Securities LLC. Member FINRA/SIPC. Investment advisory services offered by E*TRADE Capital Management, LLC, a Registered Investment Adviser. Commodity futures and options on futures products and services offered by E*TRADE Futures LLC, Member NFA. Bank products and services offered by E*TRADE Bank and E*TRADE Savings Bank, both federal savings banks and Members FDIC. Stock plan administration solutions and services offered by E*TRADE Financial Corporate Services, Inc. All separate but affiliated subsidiaries of E*TRADE Financial Corporation.

Securities, investment advisory, commodity futures, options on futures and other non-deposit investment products and services are not insured by the FDIC, are not deposits or obligations of, or guaranteed by, E*TRADE Bank or E*TRADE Savings Bank, and are subject to investment risk, including possible loss of the principal amount invested.

System response and account access times may vary due to a variety of factors, including trading volumes, market conditions, system performance, and other factors.

В© currentYear E*TRADE Financial Corporation. All rights reserved.В E*TRADE Copyright Policy