Benefits of a Roth IRA

A flexible way to save that provides tax-free income in retirement.*

The time is now

The sooner you start contributing to a Roth IRA** the better. The longer your contributions have to compound tax-deferred, the more your contributions may be worth in retirement.

Flexibility for life's unexpected events

Your contributions are available for withdrawal anytime but you may incur taxes and/or penalties if, for example, you are under age 59½ and have held the account for less than 5 years.

Pay no taxes in retirement

Once you reach age 59½ with an account that has been opened for at least five years, you may qualify for tax-free withdrawals of both Roth IRA contributions and any accumulated earnings.

More spendable income in retirement

Many people will realize more spendable income in retirement. Plus, there are no minimum distribution requirements.

**In order to contribute to a Roth IRA, single filers must have a modified adjusted gross income (MAGI) under $132k for tax year 2016 and $133k for tax year 2017. Married couples filing jointly must have a MAGI under $194k for tax year 2016 and $196k for tax year 2017.

Ready to Start? Speak to a Retirement Specialist 1-877-619-4608

Why T. Rowe Price for a Roth IRA?
 

Low Fees and Minimums

 

You need to maximize your return potential, so we work to keep our fees competitive. That's why our solutions include no-load mutual funds with low expense ratios. Keep in mind that a Roth IRA may be subject to an annual fee, and a fee may be assessed when a Roth IRA is closed. Here's more information on fees.

Convenient and Flexible Fund Choices

 

You can choose from target date funds with strategic asset allocation and diversification, or select from more than 100 mutual funds to suit your investing needs.

A Global Investing Network in Pursuit of Your Goals

 

Our highly tenured global investment professionals are continuously assessing potential risk, while identifying opportunities to maximize growth potential over the long term.

Want to move existing savings into a Roth IRA?
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Roll over a 401(k)



A Rollover IRA is one of several options to consider for your former workplace retirement plan, such as a 401(k).

 

Explore your options

Rollover now

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Transfer an existing IRA


If you decide to transfer an IRA, we offer over 100 mutual funds from which to choose. And we make it easy by handling most of the paperwork, too.

Transfer an IRA now

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Convert your T. Rowe Price Traditional IRA to a Roth IRA

A Roth IRA offers many advantages over a Traditional IRA, like potentially tax-free withdrawals if you need them.

Convert now

Compare Traditional and Roth IRAs