Individual Retirement Accounts (IRAs)

The right IRA. Right now.

We’ll help you choose, fund, and invest — it’s easy to get started.

Open an account

Husband and wife petting dog in kitchen. Plan for retirement income that goes the distance

19M+

Americans served with financial guidance and free money management tools¹

$1.8T

in assets under administration¹

9/10

would recommend someone they know to Empower²

More than just an IRA

With Empower, you get an IRA that fits your investment style, paired with innovative technology and access to an advisor when you need it.

An IRA helps you grow your retirement savings with tax advantages — like deferring taxes now or potentially reducing them later.

Invest your way

Manage your account yourself — or get professional guidance when you need it.

Full-service money management

Personal Strategy®

Comprehensive financial planning and portfolio management.³  

• Flexible portfolio investing choices

• Daily monitoring by financial professionals + advanced technology

• Tax optimization, financial coaching, and private equity access⁴  

• Fees start at 0.89% of assets under management, $100K minimum³

Talk with an advisor Learn more
Managed portfolio

Premier Managed IRA

Personalized portfolio management and goal-based investment planning.⁵

• Portfolio of mutual funds selected and invested for you

• Monitored monthly with automated rebalancing as needed

• Fees start at 0.5% of assets under management, no minimum

Open an account
Guided investing

Premier IRA

Invest on your own, with professional guidance available when you need it.  

• Your choice of handpicked mutual funds from top fund managers

• Powerful tools available to help you manage and monitor your own investments 

• No advisory fee, no minimum

Open an account
DIY investing

Brokerage IRA

Trade and manage your own investments from a wide range of choices.⁶

• Mutual funds, stocks, ETFs, and options available 

• 1,000 free online trades every calendar year, no minimum investment 

• Designed for experienced traders

Open an account

Built-in benefits

Designed to support your retirement journey from the start

Traditional or Roth

Choose the tax-advantaged IRA that fits your goals.
Professional guidance

Get the support you need to help plan your financial future.
Start with any amount

No minimum to open an IRA — so you can begin building your future.
Easy access to funds

Withdraw contributions anytime — because life doesn’t follow a schedule.

Investing $100K or more?

Get personalized portfolio management and financial planning for life, to help you make smart money moves from today to retirement.³

Schedule a call Learn more Schedule a call

Traditional or Roth IRA?

Both have tax advantages. Learn about the differences.

Traditional vs. Roth

Compare your options

Find the account that fits your investing style. Brokerage and investment accounts are intended for knowledgeable investors who acknowledge and understand the risks associated with the investments available through these accounts.

Full-service money management Managed portfolio Guided investing DIY investing

	Full-service money management Personal Strategy Schedule a call	Managed portfolio Empower Premier Managed IRA Open an account	Guided investing Empower Premier IRA Open an account	DIY investing Empower Brokerage IRA Open an account
Minimum investment	Minimum investment $100k	Minimum investment No minimum	Minimum investment No minimum	Minimum investment No minimum
Management fees	Management fees Starting at 0.89%³	Management fees Starting at 0.50%⁷	Management fees Not applicable⁷	Management fees Not applicable⁸
Commission-free trading	Commission-free trading	Commission-free trading	Commission-free trading	Commission-free trading First 1,000 online trades per year: free. Then, $6.95 per online trade.⁹
Access to advisor	Access to advisor	Access to advisor	Access to advisor	Access to advisor
Financial planning¹⁰	Financial planning¹⁰	Financial planning¹⁰	Financial planning¹⁰	Financial planning¹⁰
Retirement planning & spend-down advice	Retirement planning & spend-down advice	Retirement planning & spend-down advice	Retirement planning & spend-down advice	Retirement planning & spend-down advice
Professional portfolio management	Professional portfolio management	Professional portfolio management	Professional portfolio management	Professional portfolio management
Diversified portfolio	Diversified portfolio	Diversified portfolio	Diversified portfolio	Diversified portfolio
Daily portfolio monitoring	Daily portfolio monitoring	Daily portfolio monitoring	Daily portfolio monitoring	Daily portfolio monitoring
Tax optimization	Tax optimization	Tax optimization	Tax optimization	Tax optimization

Have an old IRA or 401(k)?

Move your money to Empower, and we’ll help make it easy to open and manage your retirement accounts — all in one place. Consider all your options, including taxes, fees, and expenses, before moving money between accounts. Assess all benefits of current accounts before moving money.

Learn about rollover IRAs

More investing options

Broaden your retirement strategy with specialized account options and tailored services.

Small business IRA

A Simplified Employee Pension (SEP) IRA can offer big benefits if you’re a small-business owner or self-employed.

Learn more

Custodial IRA

If you’re planning for your children’s future, this is a great way to invest money on their behalf.

Learn more

Private Client

Work with a team that specializes in high-net-worth individuals. Qualify with investments of $1 million or more.

Learn more

FAQ

Get money news and viewpoints

Money

Protecting your IRA is part of the plan

We safeguard your account with advanced encryption, fraud protection, and multi-factor authentication.

Learn more about security

All images and screenshots provided are for illustrative purposes only.

1 As of June 30, 2025. Assets under administration (AUA) refers to the assets administered by Empower. AUA does not reflect the financial stability or strength of a company.
2 Empower satisfaction survey and IVR data as of June 2022.
3 Personal Strategy advisory services are available when you invest $100,000 or more with us. Personal Strategy Wealth Management advisory services are available when you invest $250,000 or more with us. Empower Private Client advisory services are available when you invest $1,000,000 or more with us. Advisory fees do not include underlying fund expenses, brokerage fees, or other costs that may apply. Please review our full fee schedule for details.
4 Private equity investments are available to clients with $1M or more invested with us. Private equity investments are not appropriate for all investors and come with higher risks and fees. Empower assesses an individual’s financial situation, investment objectives, risk tolerance, time horizon, liquidity needs, and investment knowledge to determine if such investments are appropriate and require the investor to be an Accredited Investor.
5 Online advice and the managed account service are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser. Past performance is not indicative of future returns. You may lose money.
6 Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC. Brokerage services such as clearing, settlement, custody, and other similar functions are provided by Pershing LLC, Member FINRA/NYSE/SIPC and a wholly owned subsidiary of The Bank of New York Mellon Corporation. Additional information may be obtained by calling 877-788-6261. EFSI and Pershing are separate, unaffiliated brokerage firms. Brokerage accounts are subject to EFSI review and approval. This material is for informational purposes only and is not intended to provide advice, investment, legal, or tax recommendations.
7 Other fees may apply. Refer to the complete fee schedule for details.  
8 Other fees may apply. Refer to the complete fee schedule for details.
9 Empower Financial Services, Inc. reserves the right to change and/or modify pricing.
10 Financial planning is included for Empower Premier IRA clients with a balance of $100K or more. Empower Advisory Group, LLC, a registered investment adviser, provides financial planning services using the MoneyGuidePro tool. MoneyGuidePro is not affiliated with Empower Retirement, LLC and its affiliates. Empower Retirement, LLC and its affiliates are not responsible for the third-party content provided.

Advisory services are provided for a fee by Empower Advisory Group, LLC (EAG). EAG is a registered investment adviser with the Securities and Exchange Commission (SEC) and an indirect subsidiary of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. Advisory fees are calculated based upon the amount of assets being managed (as detailed further in the Empower Advisory Group, LLC Form ADV). Investing involves risk, including possible loss of principal. EAG Form CRS

Rebalancing does not ensure a profit or protect against loss.  

IMPORTANT: The projections or other information generated by MoneyGuidePro regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. MoneyGuidePro results may vary with each use and over time. Empower Retirement, LLC and its affiliates are not responsible for the third-party content provided.  

ETFs are a type of exchange-traded investment product that must register as either an open-end investment company (generally known as “funds”) or a unit investment trust. ETFs are not mutual funds.  

Unlike mutual funds, individual shares of ETFs are not redeemable directly with the Issuer. ETF shares are a collection of securities bought and sold at market price, which may be higher or lower than the net asset value (NAV). Investment returns will vary based on market conditions and volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. ETFs are subject to risks similar to those of their underlying securities.  

Certain ETFs are available commission-free. Please contact your service representative or visit the brokerage website for more details.  

Empower Financial Services, Inc. reserves the right to change and/or modify pricing.  

Options trading may increase the risk of principal loss and is not suitable for all investors. Prior to buying or selling an option, investors should read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD).

Investing involves risk, including possible loss of principal.

Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc., Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC.

The right IRA. Right now.

More than just an IRA

Invest your way

Full-service money management

Managed portfolio

Guided investing

DIY investing

Built-in benefits

Traditional or Roth

Professional guidance

Start with any amount

Easy access to funds

Investing $100K or more?

Traditional or Roth IRA?

Compare your options

Have an old IRA or 401(k)?

More investing options

Small business IRA

Custodial IRA

Private Client

FAQ

How to open an IRA

What’s the advantage of an IRA?

Can I have multiple IRAs?

Roth IRA 2024 and 2025 contribution limits

How do I grow my wealth for retirement with a Roth IRA?

What are the rules for Roth IRA taxes, and how do they work?

What is a Backdoor Roth IRA, and how is it used?

Roth IRA vs. traditional IRA: Which should I choose?

Get money news and viewpoints

5 IRA benefits for retirement planning

Can you have multiple IRAs?

Can I contribute to a 401(k) and an IRA?

Protecting your IRA is part of the plan