7 Best Roth IRAs for 2026

The best Roth individual retirement accounts (IRAs) allow you to save after-tax dollars for retirement without paying exorbitant fees. However, with so many companies offering Roth IRAs with different deals, it can be challenging to choose the right account provider. To help you achieve your retirement goals, we have compared the top Roth IRAs available today based on factors such as investment options, educational resources, fees, and minimum account investment/balance requirements.

The Roth IRA providers we have selected stand out from their competitors due to their low ongoing costs, broad selections of investment options, and ease of opening an account. Below are Money’s picks for the seven best Roth IRAs for 2026:

1. Fidelity Investments
   • No minimum amount required to open an account
   • No annual account fees
   • Provides discretionary investment management
   • Charges a 0.35% advisory fee for Fidelity Go Roth IRA accounts with a balance over $25,000
   • Highlights: $0 annual fees, no account minimum, stocks, ETFs, mutual funds, cryptocurrency, bonds, CDs, options, IPOs, annuities

     Fidelity Investments is our choice for the best overall Roth IRA provider due to its self-directed and managed Roth IRA options with no annual account fees, no required minimum balance, and a wide selection of investment options. Whether you prefer a self-directed account with access to planning tools and research or a managed account with discretionary investment management, Fidelity has options to suit your needs.

     In addition to retirement accounts, Fidelity offers brokerage accounts with $0 commissions for online U.S. stock, ETF, and options trades. With tools like a retirement income calculator and educational resources, Fidelity makes it easy to prepare for retirement and track your investments over time.

2. Charles Schwab
   • No minimum balance requirement to open an account
   • Free ETF trades online within your Schwab account
   • Fractional shares from as little as $5
   • $5,000 minimum deposit for opening an automated investment account
   • Highlights: $0 annual fees, no account minimum, stocks, ETFs, bonds, CDs, mutual funds, cryptocurrency, index funds, money market funds, annuities

     Charles Schwab offers a comprehensive selection of investment products and accounts, including personalized financial guidance, making it a worthwhile brokerage firm for opening a Roth IRA. With no minimum account deposits required and no annual account maintenance fees, Schwab provides a user-friendly platform for managing your investments.

3. Merrill Edge
   • Up to $600 cash bonus for opening a Roth IRA account
   • Easy sync with Bank of America accounts
   • A wide range of stocks, options, bonds, ETFs, and well-known mutual funds
   • Restrictions: $20,000 minimum deposit for cash bonus, $5,000 minimum deposit for automated investment account
   • Highlights: $0 annual fees, no account minimum, stocks, mutual funds, ETFs, bonds, options

     Merrill Edge stands out from other brokers by offering new account holders a competitive cash bonus of up to $600. With low fees and a seamless experience for Bank of America customers, Merrill Edge provides a convenient platform for managing your investments and tracking performance.

4. E*TRADE
   • $0 commissions for online stock, ETF, and options trades
   • Access to over 5,000 mutual funds with no transaction fees
   • Access to live market data and analysis using E*TRADE’s online platform
   • $500 minimum for automated investing
   • Highlights: $0 annual fees, no account minimum, stocks, options, mutual funds, ETFs, futures, bonds, CDs, IPOs

     ETRADE is a top choice for active investors due to its low trading fees and access to a wide range of investment options. With $0 commission trades for most investment choices and access to expert advice and tax-sensitive portfolios, ETRADE offers a comprehensive platform for managing your investments.

5. Vanguard
   • Low expense ratios and fees
   • Large selections of mutual funds, ETFs, and other investment options
   • No sales loads or commissions
   • $1,000 minimum investment for Vanguard Target Retirement Funds
   • Highlights: 0.20% – 0.25% annual fees, funds begin at $1,000, stocks, ETFs, CDs, bonds, money market, mutual funds

     Vanguard is an excellent option for Roth IRA investors looking for low-cost investment options and personalized financial advice. With a range of commission-free ETFs and mutual funds, Vanguard offers a cost-effective solution for building a diversified portfolio.

6. Betterment
   • Intuitive set-up and asset allocation
   • No minimum deposit required to start
   • Offers high-yield savings account
   • $5 monthly fee for account balances below $24,000, 0.25% annual fee for account balances between $24,000 and $1 million
   • Highlights: $5 monthly or 0.25% annual fee, no minimum deposit, stocks, bonds, crypto, and ETFs portfolios

     Betterment is a top choice for beginners looking to start a Roth IRA with no minimum deposit required. With tax-harvesting features and personalized financial goals, Betterment offers a user-friendly platform for managing your retirement savings.

7. Ally Invest
   • Strong educational resources
   • Top-notch trading dashboard with real-time data
   • Tax benefits are easy to track on Ally’s online dashboard
   • $100 minimum deposit for Robo Portfolios and a 0.30% annual advisory fee
   • Highlights: $0 annual fees, $0 self-directed or $100 Robo Portfolios minimum, stocks, ETFs, options, bonds, mutual funds

     Ally Invest provides an easy-to-manage platform for Roth IRA investors, with strong educational resources and a wide selection of investment options. With no trading commissions on individual stocks and thousands of ETFs, Ally offers a cost-effective solution for managing your retirement savings.

     In addition to the top picks, we also evaluated other companies such as Wealthfront, SoFi, M1 Finance, and Fundrise. While these companies offer unique features, they did not meet our criteria for low fees, broad investment options, and account management options.

     Before opening a Roth IRA, it’s important to understand how it works, the income and contribution limits, withdrawal rules, and the differences between a traditional IRA and a Roth IRA. By considering these factors and choosing the right provider, you can build a solid retirement savings plan for the future.