Grow your retirement savings with a No-Fee IRA
No annual fee, account set-up fee, or maintenance fee
Trade commission-free on stocks, options and mutual funds in your self-directed IRA
Open an IRATrade commission-free on stocks, options and mutual funds in your self-directed IRA
Already have a Firstrade IRA?
Limited time offer: Get up to $250 in transfer fee rebates when you switch to Firstrade Learn more >
Why Choose Firstrade for Your IRA?
- Easy online account openingOpen an IRA account online in minutes Mobile
- No-fee IRAKeep more of your money
with zero account fees. - Diverse investment optionsChoose from stocks,
ETFs, and mutual funds. - Tax-advantaged savingsMaximize IRA contributions with
tax deductions or tax-free growth. - Easy online account openingOpen an IRA account online in minutes Mobile
- No-fee IRAKeep more of your money
with zero account fees.
Self-Directed Retirement Savings Accounts We Offer
Traditional IRA
Enjoy tax-deferred growth with a Traditional IRA. Contributions are tax-deductible and only withdrawals in retirement are taxed.
Learn moreRoth IRA
With a Roth IRA, contributions are made with after-tax dollars, but earnings and qualified withdrawals in retirement are tax-free. No minimum distribution required.
Learn moreRollover IRA
Changing jobs or have an old 401(k)? A Rollover IRA allows you to consolidate retirement savings accounts with the tax-deferred benefits of a Traditional IRA.
Learn moreGetting Started
Which IRA is right for you?
Compare Traditional vs Roth IRA to find the best fit for your retirement savings strategy.Recently changed jobs?
Rollover your existing 401(k) to an IRA with no penalties.Already have a Firstrade IRA?
Make an IRA contribution today to take advantage of current contribution limits.Tax Center
Retirement accounts offer many tax advantages for investors. Always consider the IRA contribution limits when funding your retirement account.
CONTRIBUTION LIMITS
2025
Below 50 yrs old: $7,000
50 yrs old and older: $8,000
2024
Below 50 yrs old: $7,000
50 yrs old and older: $8,000
* For more details, please visit the IRS website regarding contribution limits.
Small Business Retirement Plans
Explore our tax-advantaged retirement savings plans for self-employed individuals and small business owners: Simplified Employee Pension (SEP) IRAs and Savings Incentive Match Plan for Employees (SIMPLE) IRAs.
Compare all small-business plans:
- SEP IRAs - Flexible retirement account for the self-employed, business owners and freelancers
- SIMPLE IRAs - Ideal for small businesses with fewer than 100 employees
Education Savings Plans
It's never too early to start saving for your child's education. Get the benefit of tax-advantaged savings with our education savings plans to help pay for the cost of education as you manage assets on their behalf.
Compare all education savings plans:
