There are many tax benefits to using a Roth IRA to save for retirement. Using a Roth IRA means you won’t have to worry about paying taxes on the withdrawals you make in retirement, which is a huge benefit when you’re going to be living on a fixed budget. There are so many different IRAs to choose from, so narrowing down the best Roth IRA for your needs can be overwhelming at first. Here are some of the companies that offer the best Roth IRAs.
Quest Trust Company
If you want to be completely in control of your investments, QTC’s IRAs are going to give you the options and flexibility you are looking for. They offer three administrative options to suit your financial preferences, and offer fast processing that takes less than 48 hours. The convenience and flexibility of these Roth IRA accounts really make them stand out from the competition.
Regardless of what type of investor you are, you’ll find something to love about Charles Schwab’s Roth IRA program. They don’t have any required account minimums, which makes it very easy to get started regardless of your financial status. However, they also give you access to the tools you need for active trading, and you can select thousands of stocks and mutual funds as well as commission-free ETFs.
This Roth IRA account is unique because it is designed for real estate investing instead of other, more traditional forms of investment. Fundrise creates REITs that pay contributors dividends and provide solid returns, making it an interesting new investment strategy if you’re looking for something different. The catch is that you need to be totally committed to the account for the long term.
Many people are turning to the robo-adviser trend for their Roth IRAs because of the convenience factor that comes with doing everything online. If you want to set up a Roth IRA without any of the work, Betterment is one of the best choices. When you set up your portfolio, you tell Betterment your goals, and it automatically rebalances your accounts in line with your preferences over time.
These are just a few of the many Roth IRA accounts out there today. If you’re interested in flexibility and completely self-directed Roth IRA options, contact Quest Trust Company today to learn more.