Open Account

Contribute

Pay normal taxes on your contributions.

Invest

Allow your investments to grow tax-deferred.

Distribute

Pay zero taxes on qualified distributions of earnings.

Roth IRA Benefits

You can contribute to a self-directed Roth IRA at any age if you have taxable income and your income is below IRS limits for Roth IRAs. Your maximum allowable contributions may vary depending on how much you earn in a given year. Contributions must be included with your annual income, but they can be distributed at any time without incurring duplicate taxes or penalties. Unlike a Traditional IRA, a Roth IRA can accept contributions once you reach age 70½. You also won't have to take required minimum distributions.

Qualified distributions of earnings can be 100% tax-free. You must be at least 59½ years old and the Roth account must be at least five years old.

Like a Traditional IRA, your Roth account can grow tax-deferred. This allows you to re-invest 100% of your IRA profits into new assets if you so choose. You may convert a Traditional IRA or another such pre-tax plan to a Roth IRA. Converted cash or assets will be taxed as income but may grow with the full benefits of a Roth IRA thereafter.

IRA Education

Welcome to myDirection®

The premier online platform for self-directed investing and 24/7 account management.


Get Started 

Investor's Guide to Roth IRAs

Learn the basics and reclaim control of your future through self-direction.

Roth IRA Investing Guide
Download Guide 

Contribution Considerations

Let our self-directed IRA experts help you take the first steps.

video cover image
View Webinar 
Loading