Discover the top 5 IRA accounts of 2016, offering low costs, diverse investment options, and excellent support. This guide helps you compare providers like E*Trade, TD Ameritrade, Scottrade, Betterment, and Wealthfront to find the best fit for your retirement savings needs.

Top 5 Retirement Investment Accounts in 2016: An In-Depth Overview

An Individual Retirement Account (IRA) is a valuable tool for building your future savings while benefiting from notable tax incentives. The main categories include traditional IRA and Roth IRA. When choosing an account, it’s crucial to evaluate features, fees, and available investment choices. Below are the leading IRA providers of 2016, distinguished by low costs, diverse investment options, and excellent customer support.

E*Trade Known for its broad selection of investment products, E*Trade is highly recommended. They provide detailed guidance on IRA rollovers and conversions. New users can earn up to $600 for opening an account and access over 8,000 mutual funds for investment.

TD Ameritrade Celebrated for its intuitive trading platforms and comprehensive resources, TD Ameritrade offers powerful planning tools to help you reach your financial goals efficiently.

Scottrade Recognized for exceptional customer service and a wide range of investment options, Scottrade’s Flexible Reinvestment Program enables dividends to be reinvested into other stocks without extra fees, promoting growth opportunities.

Betterment This platform simplifies retirement planning with online tools that facilitate portfolio balancing and implement tax strategies like tax loss harvesting. It has no rebalancing or transaction fees, making it cost-effective.

Wealthfront A leading online financial advisor, Wealthfront provides automated portfolio management, tax loss harvesting, and diversified stock allocation. It charges flat-rate fees regardless of your account size.

With these options, you can make smarter choices to select the IRA that aligns with your retirement savings goals.