No one answer is definitive, as the features and benefits of different bank IRA accounts can vary significantly. Many banks offer a variety of account options, with varying degrees of fees and features, so it's important to do your research before making a decision. Some key things to consider when choosing an IRA account include:
Minimum deposit requirement: Most bank IRA accounts require a minimum deposit of just $500 or less. That way, you can start saving for your retirement right away without having to put too much money down.
Most bank IRA accounts require a minimum deposit of just $500 or less. That way, you can start saving for your retirement right away without having to put too much money down. Office location and hours: Most banks offer online and mobile banking services, so you can access your account anywhere at any time. Plus, many banks are open Saturday and Sunday morning.
Most banks offer online and mobile banking services, so you can access your account anywhere at any