Looking for Roth IRA recommendations.

July 5, 2011 7:46 PM

I'm looking for recommendations on where to open a new Roth IRA. Looking for something with low fees and index funds. I could put in a chunk of cash if need be, but it would be great to find one with no minimum if I commit to a certain amount per month. Who have you all been happy with when it comes to customer service and ease-of-use?
posted by emily37 to Work & Money (14 answers total)

I've been very pleased with Vanguard.
posted by ThePinkSuperhero at 7:48 PM on July 5, 2011 [2 favorites]

I have had amazing customer service through Fidelity. Their website is easy to use, too.
posted by Coffeemate at 7:53 PM on July 5, 2011

Seconding Vanguard! I have a Roth IRA with Vanguard with no fees - I believe you have to choose electronic statements and put your first $1000 in their STAR mutual fund.
posted by Condroidulations! at 8:01 PM on July 5, 2011

Seconding Vanguard. I have had no issues with them so far, and their fees are very low.
posted by mrbob14 at 8:01 PM on July 5, 2011

I also have a Roth at Fidelity. There's no fees and you can start with either $2,500 or $200 a month. And the one time I actually needed customer service they were very helpful.
posted by grapesaresour at 8:11 PM on July 5, 2011

I've always gotten great service from Fidelity over the years but if I was starting over I'd probably go with Vanguard. They have a customer-centered business model which is a good thing.
posted by alms at 8:15 PM on July 5, 2011

I think both Fidelity and Vanguard are great choices. I use Charles Schwab, which I think is great. But the other two are solid choices.
posted by dfriedman at 8:18 PM on July 5, 2011

A comparison of Vanguard, Fidelity, and T. Rowe Price Roth IRAs.

T. Rowe Price lets you start with either $1,000 or $50 a month. They do charge $10 a year until you have a balance above $5,000. Their customer service is excellent.
posted by needled at 8:27 PM on July 5, 2011

I've had money parked at Fidelity for a long time now, mostly in stock funds, though I know they have no-load index funds. The customer service (via telephone) is responsive and helpful.
posted by Gilbert at 8:44 PM on July 5, 2011

I've been happy with Scottrade because of the low fees, minimums, etc., and also because they have a local branch which has been very helpful.
posted by michaelh at 9:07 PM on July 5, 2011

I came to add my vote to Vanguard. I like their website a lot more than I like Schwab's, at which I have an account too for the ATM rebate checking.
posted by polexa at 9:44 PM on July 5, 2011

I use Charles Schwab and have had no complaints.
posted by firei at 2:43 AM on July 6, 2011

I've heard good things about Vanguard. I use Sharebuilder, which is tied into ING Direct, where I also have an account. It's built with a set-it-and-forget-it mentality, if you're into that sort of thing.
posted by craven_morhead at 7:08 AM on July 6, 2011

I like Sharebuilder but am worried about their continued customer service and fee structure after the recent buy out by the barbarians at Capital One. I would look elsewhere right now.
posted by cjemmott at 9:56 AM on July 6, 2011