Top 5 IRA Investment Funds for 2021
Discover the top IRA investment funds for 2021, featuring providers known for affordability, ease of use, and diverse investment options. Learn how each platform supports your retirement savings journey with flexible, low-cost plans and expert assistance.
Individual Retirement Accounts (IRAs) are among the best tools for long-term retirement savings. These tax-advantaged accounts allow investors to grow their funds through various investment options. However, with numerous choices available, selecting the right IRA can be challenging. Here’s a review of the leading IRA fund providers to help you make an informed decision.
Betterment
Although a relatively recent entrant, Betterment has quickly built a reputation for reliability and effective retirement planning tools. Opening an account is free, with an annual fee of just 0.25% of assets, all managed online for convenience.
Fidelity stands out for its zero-cost account setup and flexible withdrawal policies. Offering traditional, Roth, and rollover IRAs, Fidelity caters to various investor needs, including options for young savers. Customers can visit branches nationwide for personal support.
Charles Schwab provides round-the-clock assistance, an array of online tools, and educational resources to help investors choose suitable accounts. They support diverse assets like stocks, bonds, and mutual funds without requiring minimum deposits or charging account opening fees.
SoFi
At SoFi, clients can consult with financial advisors at no cost before making investment decisions. Their platform allows quick online account setup, with access to commission-free stocks and bonds, making investing accessible and straightforward.
Vanguard
Known for low costs, Vanguard offers expense ratios that are 83% below industry averages. Investors can choose from over 200 no-commission mutual funds and diversify across stocks, bonds, and ETFs, making it ideal for cost-conscious investors.
