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Retirement IRA

Plan for the retirement you deserve

Merrill has the retirement solutions to help you achieve your goals.

Maximize your retirement savings with solutions for individual investors, entrepreneurs and sole proprietors

Good for individual investors

Rollover

By rolling over your existing retirement account, you can maintain your retirement plan's tax-deferred status while consolidating your assets. Consider all your choices and learn if a rollover may be right for you.Footnote 1
Select to Learn more &bnsp;about Rollover IRAs

Traditional IRA

When you open a Traditional IRA account with Merrill, you may receive tax benefits and enjoy tax-deferred growth potential (contributions may be tax deductible).Footnote 2
Select to Learn more &bnsp;about Traditional IRAs

Roth IRA

With a Merrill Roth IRA account, you can benefit from the potential to earn tax-free income and greater withdrawal flexibility in retirement.
Select to Learn more &bnsp;about Roth IRAs

Inherited IRA

If you've inherited retirement assets, you may be able to transfer them into an inherited Traditional IRA or inherited Roth IRA.
Select to Learn more &bnsp;about Inherited IRAs

Bank Savings IRA

Savings IRAs from Bank of America are FDIC insured and offer interest-bearing CD or money market savings account choices.
Select to Learn more &bnsp;about Bank Savings IRAs (opens in new tab)

Individual Health Savings Account (HSA)

Individuals with high-deductible health savings plans can enjoy the benefits of a tax-advantaged investing account while saving for many out-of-pocket medical expenses.
Select to Learn more &bnsp;about Individual Health Savings Accounts (opens in new tab)

Good for entrepreneurs and sole proprietors

Individual 401(k)

Reduce your taxes while having access to your money through loans with a plan designed for self-employed business owners and their spouses.
Select to Learn more &bnsp;about Individual 401(k)s

SEP IRA

A SEP IRA gives you the flexibility to contribute as your cash flow allows, with contribution limits nearly 10 times higher than a traditional IRA.
Select to Learn more &bnsp;about SEP IRAs

Find the right retirement account for you

User our IRA selector tool to find the right IRA for you, whether you're an individual investor or small business owner.

#1 for Commissions and Fees

Merrill Edge Self-Directed ranked #1 for Customer Service and #1 for Commissions and Fees, Kiplinger's Personal Finance - Best Online Brokers 2021.
Footnote 
Merrill Edge Self-Directed was ranked 4 out of 11 online brokers by Kiplinger's Personal Finance's "Best Online Brokers," survey August 2021. To be included, firms had to offer online trading of stocks, ETFs, funds and individual bonds. Results based on ratings in the following categories: commissions and fees, investment choices, mobile app, tools, research, advisory services and customer service. Rankings for subcategories may vary Learn more at Kiplinger's Personal Finance popup, August 2021 © 2021 The Kiplinger Washington Editors. Used under License. Merrill provides access to research from BofA Global Research, CFRA (powered by S&P Global), Morningstar and others. Rankings and recognition from Kiplinger's are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
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Enjoy all the benefits of having your IRA at Merrill

  • Determine your investor profile and manage your own retirement account or have it managed by Merrill
  • Enjoy straightforward pricing and affordable fully managed accounts
  • Manage your Merrill Investing and Bank of America banking accounts through a single, secure login
  • Maximize your rewards when you combine your investing and Bank of America deposit balances

Accounts tailored to your investing goals

Find account built to help you achieve what you're investing for.

Frequently Asked Questions

Find your ideal retirement solution, whether you're a business owner, a freelancer or a sole proprietor

Small Business 401(k)

Attract and retain talented employees by offering a low-cost, easy-to-manage 401(k) — designed for the needs of small businesses.
Select to Learn more &bnsp;about Small Business 401(k)s

Individual 401(k)

Reduce your taxes while having access to your money through loans with a plan designed for self-employed business owners and their spouses.
Select to Learn more &bnsp;about Individual 401(k)s

SEP IRA

A SEP IRA gives you the flexibility to contribute as your cash flow allows, with contribution limits nearly 10 times higher than traditional IRA.
Select to Learn more &bnsp;about SEP IRAs

SIMPLE IRA

Have 100 or fewer employees? Enjoy easy administration while offering potential tax advantages for your businesses and employees.
Select to Learn more &bnsp;about SIMPLE IRAs

Retirement Cash Management Account (RCMA®)

A RCMA® offers a full range of investment choices for those who have an established profit sharing, 401(k), money purchase or defined benefit plan.
Select to Learn more &bnsp;about Retirement Cash Management Accounts

Want to learn more about the options available for business owners?

Explore all of the different solutions and answer a few questions to help you decide which one is best for you.

Enjoy all the benefits of having your IRA at Merrill

  • Find workplace retirement plans including SEP IRA, SIMPLE IRA or an online 401(k)
  • Save money with tax advantages
  • Fit your budget with competitive pricing
  • Get greater control with more personalized options
  • Accomplish more with available specialists
  • Focus on your business with an easy to manage retirement plan

Accounts tailored to your investing goals

Find account built to help you achieve what you're investing for.

Frequently Asked Questions

Footnote 
You have choices about what to do with your employer-sponsored retirement plan accounts. Depending on your financial circumstances, needs and goals, you may choose to roll over to an IRA or convert to a Roth IRA, roll over an employer-sponsored plan from your old job to 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 (particularly with reference to employer stock), and different types of protection from creditors and legal judgments. These are complex choices and should be considered with care. For more information visit our rollover page or call Merrill at 888.637.3343.
Footnote 
The required beginning date for RMDs is age 72. You may defer your first RMD until April 1st in the year after you turn age 72, but then you'd be required to take two distributions in that year. Failure to take all or part of an RMD results in a 50% additional tax applicable to the amount of the RMD not withdrawn. Consult your tax advisor for more information on your personal circumstances.
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Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Asset allocation, diversification, and rebalancing do not ensure a profit or protect against loss in declining markets.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. Merrill offers a broad range of brokerage, investment advisory (including financial planning) and other services. Additional information is available in our Client Relationship Summary (PDF).

Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as "MLPF&S" or "Merrill") makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation ("BofA Corp."). MLPF&S is a registered broker-dealer, registered investment adviser, Member Securities Investor Protection (SIPC) popup and a wholly owned subsidiary of Bank of America Corporation ("BofA Corp").
Merrill Lynch Life Agency Inc. (MLLA) is a licensed insurance agency and wholly owned subsidiary of BofA Corp.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

Investment products offered through MLPF&S and insurance and annuity products offered through MLLA:
Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity


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