Roth IRAs

Take advantage of the 2021 IRA contribution limits: up to $6,000, or $7,000 if age 50 or older.

With a Roth IRA, you have the opportunity to build your retirement savings tax-deferred and potentially enjoy tax-free income once you retire. You can make contributions at any age as long as you have taxable compensation for the year, below eligibility income limits.

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Questions? Speak to a retirement specialist at 1-877-619-4608

Benefits of a Roth IRA.


The Time Is Now

The sooner you start contributing to a Roth IRA*, the longer your contributions have to compound tax-deferred and the more your contributions may be worth in retirement.


Flexibility for Life's Unexpected Events

Your contributions are available for withdrawal anytime without taxes or penalties. You may incur taxes and/or penalties on earnings if, for example, you are under age 59½ and have held the account for less than five years.


Pay No Taxes in Retirement

Generally, once you reach age 59½ with an account that has been opened for at least five years, you may qualify for tax-free withdrawals of both Roth IRA contributions and any accumulated earnings.


More Spendable Income in Retirement

You may realize more spendable income in retirement. Plus, there are no minimum distribution requirements (for the original Roth IRA owner).

*In order to contribute to a Roth IRA, single filers must have a modified adjusted gross income (MAGI) under $139K for tax year 2020 and $140K for tax year 2021. Married couples filing jointly must have a MAGI under $206K for tax year 2020 and $208K for tax year 2021.

More Account Options

Helpful Resources

Looking for a quick way to get started?
Consider a ReadyChoice IRA.

Simplify your approach to pursuing your retirement goals with a ReadyChoice IRA, which pairs a Roth or Traditional IRA with a T. Rowe Price Retirement Fund.

Why a T. Rowe Price Roth IRA?

Low Fees and Minimums


You need to maximize your return potential, so we work to keep our fees competitive. That’s why our solutions include no-load mutual funds with low expense ratios. Keep in mind that an IRA may be subject to an annual fee, and a fee may be assessed when an IRA is closed.

Convenient and Flexible Fund Choices


You can choose from target date funds with strategic asset allocation and diversification, or select from more than 100 mutual funds to suit your investing needs.

We Believe in Strategic Investing


Our highly tenured global investment professionals are continuously assessing potential risk while identifying opportunities to maximize growth potential over the long term.

Many of Our Funds Earn Morningstar's Highest Ratings


Over 65 of our funds have earned 4- or 5-star Overall Morningstar Ratings as of 12/31/21.*

Want to move existing savings into a T. Rowe Price Roth IRA?

*Morningstar gives its best ratings of 5 or 4 stars to the top 32.5% of all funds (of the 32.5%, 10% get 5 stars and 22.5% get 4 stars) based on their risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund’s 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. As of 12/31/21, 67 of 152 of our Investor Class funds received an overall rating of 5 or 4 stars.

The Morningstar Rating™ for funds, or “star rating,” is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

Source for Morningstar data: ©2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

1Consider all available options, which include remaining with your current retirement plan, rolling over into a new employer's plan or IRA, or cashing out the account value. When deciding between an employer-sponsored plan and IRA, there may be important differences to consider—such as range of investment options, fees and expenses, availability of services, and distribution rules (including differences in applicable taxes and penalties). Depending on your plan's investment options, in some cases, the investment management fees associated with your plan's investment options may be lower than similar investment options offered outside the plan.