Eventually all of us will age and will no longer be able to work efficiently, thus opting to go for retirement. Some of us will solely depend on retirement accounts sponsored by our employers but that may not be a practical option for the coming years.

Projections made by the Trustees of the Social Security Fund shows that the funds from the social security of Americans will completely be depleted by the year 2041.

Here is where Individual Retirement Account (IRA) becomes very beneficial. In layman’s term we can say it is a retirement plan and retirees get tax advantages from it.

But everything is never that easy. We all seek security for every investment that we make. So the concern of every individual which wishes to have an IRA is which company will take care of their money best and which company will they benefit the most out of.

Among the many IRA companies today, we have chosen three that we consider the most recommended of all, the best Roth IRA company. These companies are providers of the best Roth IRA rates.

At number 1 we have Scottrade. We say it’s our number one pick because it’s very good for beginners who have fears in investing to young companies. Scottrade has a very good reputation for more than 25 years now.

It has been hailed one of the best IRA companies to date because of its no fee IRA’s along with no minimum limits for contributions or custodial fees. The Roth IRA rates of this company are

Second is TradeKing. With investment tools that are user friendly, low flat rates for trading with no minimum account limits and 100% hidden fees free made TradeKing the leader in customer service when it comes to IRA accounts.

No minimum balance with IRA account, no annual fees, no IRA account fees, no inactivity fees and no volume requirements gives OptionHouse the title of 3rd best in our list.

Although new in the industry, this company is already comparable with TradeKing when it comes to offers, customer service and prices. It is considered one of the cheapest brokerages because of its $10 mutual fund.

Filed under: General Options Trading Information

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