Retirement
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Merrill Edge Self-Directed Investing
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Compare Service Options
Which service option is right for you? |
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Invest On Your Own |
Invest with Team of Advisors |
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| Definition | You prefer to invest on your own, directly managing your money and making all investment decisions. | You prefer to invest with guidance from our team of financial advisors who can offer a holistic view of your financial situation | |
| Advice & Planning |
Online tools, calculators and extensive research are available to help you with invest with confidence. | Our team of financial advisors will consult with you over the phone and offer personalized advice tailored for your unique needs. | |
| Accounts | All account types with the exception of 529 Accounts. | All account types | |
| Investments | All investment choices | All investment choices | |
| Pricing | No annual fees are applied to your accounts. Trades can be executed for as little as $0, depending on your investment level and account you hold. Please see pricing guide for full details. |
Fees and commisions are based on your account types and relationship with Merrill Lynch. Please set up a consultation to learn more |
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| Open an Account | Schedule a Consultation | ||
Find the Right IRA
An IRA (Individual Retirement Account) is designed to help you save for retirement by providing significant tax advantages.
There are three common types of IRAs, each with unique benefits. It's easy to choose the one that's right for you once you understand the differences.
Roth IRA
Unique Benefits:
- Any earnings are tax-free if withdrawn after 59½ and the account has been open five years or more2
- Contributions (not earnings) can be withdrawn tax and penalty free at any time
Traditional IRA
Unique Benefits:
- Any earnings grow tax-deferred until withdrawn after age 59½ at which time they are taxed at your current rate
- Contributions and eanings can be withdrawn penalty free after age 59½
- Contributions may be tax-deductible
Retirement
Rollover IRA
- Allows you to consolidate retirement plans from former employers while maintaining the account's taxdeferred status and expanding your investment choices.
Transferring an IRA
To transfer an existing IRA to Merrill Edge, open an IRA account. Make sure it's the same type of IRA you currently have. Once your account is open, you can access our Transfer of Assets form online to move your assets. It's that easy!
