IRAs

How to open an IRA

Follow these steps to help you make your decisions and open your new IRA.

Step 1
Decide which IRA suits you best

Start simple, with your age and income. Then compare the IRA rules and tax benefits.

Compare Roth vs. traditional IRAs >

Step 2
Choose an "all in one" fund or customize your portfolio

Keep it simple with an "all in one" fund that does some of the work for you, or customize your own portfolio.

Pick investments for your IRA >

Step 3
Open your IRA online quickly & easily

Move money directly from your bank to your new Vanguard IRA® electronically. You'll just need your bank account and routing numbers (found on your bank checks).

Name beneficiaries for your IRA. (We'll send instructions once your IRA is open.)

Avoid the $20 annual account service fee by registering your accounts online and signing up for e-delivery.

Where the money can come from

Direct contribution

Make a direct contribution by check or electronic transfer from your bank.

401k rollover

Move an old employer plan account into a Vanguard IRA.

Transfer an existing IRA

Move an old employer plan account into a Vanguard IRA.

Still need help? Consider our advisor services

Vanguard Personal Advisor Services®

Get personalized support as you strive toward your goals, no matter where you stand on your financial journey.

To get started, call us at 800-523-9447 to speak with an investment professional or click the link below.

Vanguard Digital Advisor®

Let our new online financial planner match an investment strategy to your retirement goals.

Ready to open an IRA?

New to Vanguard?


Already a Vanguard client? Log in and add open an IRA on your account.

Ready to open an IRA?

New to Vanguard?


Already a Vanguard client? Log in and add open an IRA on your account.

There are important factors to consider when rolling over assets to an IRA. These factors include, but are not limited to, investment options in each type of account, fees and expenses, available services, potential withdrawal penalties, protection from creditors and legal judgments, required minimum distributions, and tax consequences of rolling over employer stock to an IRA. 

Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor, or by Vanguard National Trust Company, a federally chartered, limited-purpose trust company. 

All investing is subject to risk, including the possible loss of the money you invest.

An automatic investment plan does not ensure a profit or protect against a loss.