Fidelity Investments, established in 1946, is a leader in retirement planning with a strong reputation for reliability and extensive product offerings. The firm manages trillions in client assets and supports a wide range of individual retirement accounts (IRAs) suitable for workers, self-employed individuals, and small business owners.
Fidelity’s retirement services stand out for their transparency, ease of use, and the ability to customize investment choices. Users can choose from a Traditional IRA, Roth IRA, Rollover IRA, SEP IRA, SIMPLE IRA, or Inherited IRA, each designed to meet specific retirement needs with clear tax advantages.
Fidelity offers IRAs that align with a range of retirement goals and employment types. Each IRA type is tax-advantaged and features flexible contribution and withdrawal rules depending on the user’s income level and employment status:
These IRA accounts can hold a wide array of investments including mutual funds, ETFs, fixed income, and target date funds. Fidelity does not charge annual account fees for IRAs, and there are no minimum balances to open an account.
Fidelity’s IRAs are suitable for:
Fidelity is particularly well-suited for those who want flexibility in investment options within their IRA and appreciate having access to planning tools, calculators, and educational resources.
| IRA Type | Key Features |
| Traditional IRA | Tax-deferred growth, pre-tax contributions |
| Roth IRA | Tax-free withdrawals, income limits apply |
| Rollover IRA | Transfers from 401(k)/403(b) with no tax hit |
| SEP IRA | Higher contribution limits for self-employed |
| SIMPLE IRA | Employer-sponsored for small businesses |
| Inherited IRA | Required distributions based on beneficiary status |
Each IRA type comes with distinct contribution and distribution rules. For 2025, contribution limits are:
All IRAs allow investment in a broad array of mutual funds, ETFs, CDs, and other asset classes. Fidelity also offers target date funds that automatically adjust asset allocation based on your retirement timeline.
No minimum balance is required to open an IRA, and the process is entirely online. Fidelity’s IRA setup is beginner-friendly, supported by educational tools and on-call assistance.
Yes. Fidelity’s mobile app (iOS & Android) supports IRA account access, balance tracking, fund selection, educational resources, and document uploading. You can manage contributions, track performance, and get alerts. It's designed with both novice and experienced retirement savers in mind.
Fidelity IRAs are backed by robust security standards. The platform uses SSL encryption, two-factor authentication, and automatic logout features. Fidelity is a member of the Securities Investor Protection Corporation (SIPC), which protects IRA assets in brokerage accounts up to applicable limits. It also provides additional insurance through Lloyd’s of London.
Fidelity also discloses its privacy practices clearly, with regular updates to ensure compliance with evolving regulations.
Fidelity offers comprehensive support for IRA account holders:
Customers can schedule virtual or in-person meetings with a retirement consultant.
Fidelity offers a comprehensive range of IRA options designed to suit a variety of retirement needs. From Traditional and Roth IRAs for individual savers to SEP and SIMPLE IRAs for business owners, Fidelity provides tax-advantaged choices with no account fees or minimums.
Each account comes with flexible contribution limits based on IRS rules, and funds can be invested across mutual funds, ETFs, CDs, and more. Fidelity also supports IRA rollovers from previous employer plans, helping users consolidate their retirement savings efficiently.
With 24/7 customer support, a highly rated mobile app, and access to robust planning tools, Fidelity is well-equipped to serve both new and experienced retirement investors. The company’s strong emphasis on security and regulatory compliance offers peace of mind for long-term savers.
Can I roll over an old 401(k) into a Fidelity IRA?
Yes. Fidelity makes it easy to roll over a 401(k) or 403(b) into a Rollover IRA. The process is tax-free if done correctly.
Does Fidelity charge annual fees for IRAs?
No. Fidelity does not charge account maintenance fees for IRAs.
What is the contribution limit for IRAs at Fidelity?
For 2025, the limit is $7,000 ($8,000 if age 50 or older) for Traditional and Roth IRAs. Higher limits apply for SEP and SIMPLE IRAs.
Fidelity Investments
245 Summer Street
Boston, MA 02210
This review was created using information from Fidelity’s official website, IRA product guides, customer support confirmation, and trusted third-party comparison sources.
Disclaimer
AI was used in the creation of this content, along with human validation and proofreading.
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