Roth IRA

Enjoy tax-free income during retirement

Give your earnings the potential to grow free of federal income taxes with a Merrill Edge® Roth IRA.1
May be a good move for:
  • Growth
  • Potentially greater tax savings & withdrawal flexibility than a Traditional IRA1
Call us
Or call us 24/7 at
866.460.1282
Did you know?

Did you know?

Converting a Traditional IRA to a Roth IRA could help grow your retirement federally income tax-free. To learn more, call us 24/7 at 866.460.1282.
Get up to
$600
when you open and fund a new Merrill Edge investment account or IRA.

Features and benefits

  • Contributions (not earnings) can be withdrawn tax-free at any time
  • Contributions are not tax deductible
  • Qualified withdrawals are federally tax free and may be state tax free after reaching age 59½ and having the account has been open 5 years or more
  • No income restrictions required on converting a Traditional IRA to a Roth IRA

Who is eligible

  • The eligibility limits are $135,000 MAGI ($133,000 for 2017) for single tax filers and $199,000 MAGI ($196,000 for 2017) for joint filers2

Contribution limits2

Younger than age 50
$5,500
Age 50 and older
$6,500

Traditional or Roth?

Answer a few questions and the IRA Selector Tool will help you find out which IRA may be right for you and how much you can contribute.

More individual retirement plans

Traditional IRA

Rollover IRA

Compare IRAs

Investment choices

Choose from a wide range of stocks, bonds, ETFs and well-known mutual funds with easy-to-use tools to help you narrow down your investment choices.

Pricing and fees

Merrill Edge offers simple, flat-rate pricing of $6.95 per unlimited online stock and ETF trades—with no trade or balance minimums. Or learn how to qualify for $0 trades with Preferred Rewards. Other fees may apply.3
Annual account fee
$0
Minimum initial funding requirement
$0
Additional transaction, service and investment fees

Get started

It's as easy as 1-2-3
1

Open an account

Open your account online in minutes. Here's what you'll need:
  • Social Security number and date of birth
  • A valid mailing and email address
  • Employment information (including company name, address and start date)
  • General financial information (such as annual income and household net worth)
  • Names and dates of birth for any beneficiaries
Or call us 24/7 at 866.460.1282
2

Fund your account4

Transfer cash

Real-time5
Fund instantly from your eligible linked Bank of America® bank account or Merrill Edge® investment account.
Up to 3 business days
Fund within a few days from an eligible linked account at another financial institution.

Wire transfer

Same day
Wire funds electronically from another financial institution.

Write a check

3 to 5 days
Fund your account by mailing a personal, cashier's or bank check.

Transfer accounts or securities

8 or more days
Transfer an existing brokerage account, IRA account or securities from another financial institution. You can also transfer securities instantly between your Merrill Edge accounts.

Roll over into an IRA

10 or more days
Consolidate your retirement assets by rolling over accounts held in former employers' 401(k), 403(b) or 457 plans into a Merrill Edge IRA.
A Rollover IRA isn't right for everyone. Consider all of your choices and learn if a Rollover IRA may be right for you.5 For additional information, call 866.460.1282 to speak with a rollover specialist, 24/7.
3

Start investing

Create an investment strategy:
Build a balanced portfolio aligned to your investment goals in 3 easy steps.
Find the right investments:
Choose from a variety of stocks, bonds, ETFs and thousands of mutual funds. Narrow your investment choices with our easy-to-use screening tools.
Manage your portfolio:
Access your new Merrill Edge investment account anytime, anywhere—online, on your mobile device and at thousands of Bank of America® ATMs.
Other ways to invest
Merrill Edge
Guided Investing
Pursue your investing goals online with a low‑cost managed portfolio.
Invest with advice when you need it
Invest with a licensed Merrill Edge Financial Solutions Advisor™, who can help you pursue your financial goals and plan for what matters most to you.
Learn more
6 You have choices for what to do with your employer sponsored retirement plan. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth, roll over to an employer sponsored plan from a prior employer to an employer sponsored plan at your new employer, take a distribution or leave the account where it is. Each choice may offer different investment options and services, fees and expenses, withdrawal options, required minimum distributions, tax treatment and provide different protection from creditors and legal judgments. These are complex choices and should be considered with care. Visit www.merrilledge.com/ m/pages/mobile /retirement/rollover-ira-mobile.aspx or call a Merrill Edge rollover specialist at 866.460.1282 for additional information about your choices.
3 Other fees may apply. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill Edge pricing, visit merrilledge.com/pricing.
Please review the Merrill Edge Guided Investing Program Brochure (PDF) for important information including pricing, rebalancing, and the details of the investment advisory program. Your recommended investment strategy will be based solely on the information you provide to us for this specific investment goal and is separate from any other advisory program offered with us. This program is not offered through an advisor. Merrill Edge investment advisory programs are offered by MLPF&S. MLPF&S and Managed Account Advisors LLC (MAA) are registered investment advisers. Investment adviser registration does not imply a certain level of skill or training.

Important disclosures

1 There is a single, five-year holding period when determining whether earnings can be withdrawn federally tax free as part of a qualified distribution from a Roth IRA. This period begins January 1 of the year of the first contribution to any Roth IRA account.
Contribution and compensation limits are subject to a cost-of-living adjustment annually pursuant to the Internal Revenue Code. Contribution and compensation limits for subsequent years may vary.
4 Fees and expenses are subject to change. Please note that other fees and expenses may apply, including early withdrawal penalties and trustee transfer fees. For Merrill Lynch, Pierce, Fenner & Smith Incorporated's standard brokerage fees, please see the Miscellaneous Fees schedule. For Bank of America N.A.'s fees, see your Personal Schedule of Fees.
5 Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, SafeBalance Banking® , Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
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